Remain invested in Visualsoft

Published on Fri, Jan 05, 2007 at 12:28 |  Source : Moneycontrol.com

Updated at Fri, Jan 05, 2007 at 18:56  

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SP Tulsian, Investment Advisor

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Investment Advisor SP Tulsian is of the view that one can remain invested in Visualsoft .

Tulsian told CNBC-TV18, "I am quite bullish on the midcap IT stocks, but naturally my preference goes more for like 3i Infotech , Polaris , Hexaware and maybe Rolta kind of stocks. Because VisualSoft has not been able to perform so much, in fact if one takes H1 of FY07, they have not been able to perform. If they do not improve on their financial performance in the second half, I doubt that because this is definitely quite expensive at this level. So though I am bullish on the midcap IT stocks, but I am not so enthused with the financial performance of VisualSoft. So maximum I can advice the investor to just remain invested at these levels because one has better opportunities available in the other midcap IT stocks."

  

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