Visualsoft can go up another 20-25%

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Visualsoft can go up another 20-25%

Ambareesh Baliga of Karvy Stock Broking is of the view that Visualsoft can go up another 20-25%.

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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 Megasoft See messages about Megasoft Megasoft BSE | NSE 28/05/12 Are Mutual Funds betting on Megasoft? Other Stocks in this news Visualsoft (I) |

Ambareesh Baliga of Karvy Stock Broking is of the view that Visualsoft can go up another 20-25%.

Baliga told CNBC-TV18, "Visualsoft can go up another 20-25% more from here based on news but then again we should remember that sometime back there was a talk of a merger with Aplab which fail through. So, Megasoft deal may not be a done deal till it actually sees the light of the day. So, one should take this with the pinch of a salt, possibly if the stock moves up, at 20-25% one should exit."  

Disclosure: Analyst and his clients doesn't hold the above stock.