Rolta India has target of Rs 142: Mohindar

Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rahul Mohindar See what other Experts & Brokerages are saying about Rolta See messages about Rolta Rolta BSE | NSE 10/02/12 Are Mutual Funds betting on Rolta?

Rahul Mohindar of Viratechindia is of the view that Rolta India has target of Rs 142 and he is bullish on the technology sector as a whole.

 

Mohindar told CNBC-TV18, "Today, it has been a very good move for the stock, we have been bullish on the technology sector as a whole, this stock is probably heading to about Rs 94 and again it's a short term move which is seen visible here, but within this sector, I think I would probably go to a stock like Rolta which seems to have broken out today for a target of about Rs 142, that would be a preference."

 

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	111.35	130.05	18.70	16.79
5-Days	108.80	130.05	21.25	19.53
7-Days	110.00	130.05	20.05	18.23
15-Days	128.85	130.05	1.20	0.93
1-Month	143.45	130.05	-13.40	-9.34
3-Month	98.10	130.05	31.95	32.57
6-Month	86.65	130.05	43.40	50.09
9-Month	171.70	130.05	-41.65	-24.26
1-Year	270.80	130.05	-140.75	-51.98