Hold 3i Infotech: Hitendra Vasudeo

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Hold 3i Infotech: Hitendra Vasudeo

Hitendra Vasudeo of stocksmechanics.com is of the view that one should hold 3i Infotech.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Hitendra Vasudeo See what other Experts & Brokerages are saying about 3i Infotech See messages about 3i Infotech

Hitendra Vasudeo of stocksmechanics.com is of the view that one should hold 3i Infotech .

Vasudeo told CNBC-Awaaz, "Investors should hold 3i Infotech. The stock is trading on dips right now but we can see a rally in stock in future. If it crosses Rs 26-27 then we can see level of 31-40 in coming days. One can exit at that level."

The company's trailing 12-month (TTM) EPS was at Rs 6.20 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 4.06. The latest book value of the company is Rs 50.43 per share. At current value, the price-to-book value of the company was 0.5. The dividend yield of the company was 5.95%.