HOV Services has target of Rs 150: Tulsian

Published on Thu, Sep 23, 2010 at 10:11 |  Source : CNBC-TV18

Updated at Thu, Sep 23, 2010 at 11:00  

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SP Tulsian, sptulsian.com

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HOV Services has target of Rs 150, says SP Tulsian , sptulsian.com.

Tulsian told CNBC-TV18, "HOV Services has day target of Rs 150. We have been in fact witnessing huge delivery  based buying in the stock in the last one week for the reason that its an end to end BPO company catering to about Rs  350 clients across the globe in which 100 companies or more than 50 companies are Fortune 100 clients."

He further added, "For FY11 the company is likely to post an EPS of Rs 50 with a topline of about Rs 850 crore and  the indication of that is getting reflected from Q1 results in which the EPS has been at Rs 14 so my day target for the  stock is Rs 150."

  

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