Investment Advisor, SP Tulsian is of the view that HOV Services can touch Rs 200 in six months timeframe.
Tulsian told CNBC-TV18, "My second stock for the day is HOV Services. This company is an end-to-end BPO service providing company into healthcare, BFSI, retail, telecommunication and going by Q1 performance, which has been very good, wherein topline was close to 180 crore with EPS of about 14 for the quarter. So this translates into an expected topline of 750 crore for FY11 with an EPS expected to be above 50. So the share is even at the current prices ruling at a P/E multiple of less than 3 and again this stock has excellent long-term potential and can move to about Rs 200 in six months time. But the day target for the stock is at Rs 140."
