Kale Consultant likely to surge upward

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Kale Consultant likely to surge upward

Deven Choksey of KR Choksey Securities is of the view that Kale Consultant is likely to surge upward in the coming future.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Kale Consult See messages about Kale Consult Kale Consult BSE | NSE 28/05/12 Are Mutual Funds betting on Kale Consult?

Deven Choksey of KR Choksey Securities is of the view that Kale Consultant is likely to surge upward in the coming future.

Choksey told CNBC-TV18, "Kale Consultant has good re-rating potential as far as their business is concerned. The company has corrected and completed the full circle as far as its business model is concerned and now they are operating in one of the most exciting space of the air travel industry. Be it the specific BPO or KPO that they are operating for some of the majors or be it the solutions that they are providing for some of the people, I think the company is very well positioned."

He further added, "The number of contracts that the company has in the current year and also the bidding that they are doing at this point of time, I think this company is likely to surge upward in the coming future and maybe we will see good numbers coming from the company in the coming quarters."