Geodesic has intraday target of Rs 82: Rupani

Published on Tue, Jun 07, 2011 at 13:16 |  Source : CNBC-TV18

Updated at Tue, Jun 07, 2011 at 14:22  

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Geodesic has intraday target of Rs 82: Rupani

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Geodesic has intraday target of Rs 82, says Aunali Rupani, Director of Arm Research.

Rupani told CNBC TV18, "Geodesic is expected to acquire US based mobile payment company for almost USD 20 million. Geodesic's management believes that they will be able to double the business from government from 150 crore to 300 crore this year. Geodesic is available at just 3 PE. Target for the day is Rs 82."

  

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