Subex looks attractive: Satish Betadpur

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Subex looks attractive: Satish Betadpur

Subex is looking attractive, says Satish Betadpur, MD, IIR Group, PLC.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » RELATED NEWS Subex approves issue of up to 6 mn shares to promoters Subex Q3 net profit at Rs 41.9 cr ALSO READ See previous views by Satish Betadpur See what other Experts & Brokerages are saying about Subex See messages about Subex Subex BSE | NSE 09/02/12 Are Mutual Funds betting on Subex?

Subex is looking attractive, says Satish Betadpur , MD, IIR Group, PLC.

Betadpur told CNBC-TV18, "Our favourite has always been TCS and we continue to have TCS as a largecap holding and I guess the reason is that the dollar seems to be heading towards strength given the euro zone problems and therefore all the IT players will benefit."

He further added, "Among the smallcaps there is Subex that's reacting well to the increase in ownership by the promoters and that stock corrected a bit, so that's an attractive stock. On the midcap IT players and in fact most of the IT stocks that have corrected are in the attractive valuation zones at this point."