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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.
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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 |
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with Ajay Piramal
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