Rolta can move to Rs 78: Madhumita Ghosh

Rolta can move to Rs 78, says Madhumita Ghosh of UNICON

Ghosh told CNBC-TV18, "Rolta fundamentally also is good because the company is in geospatial space and it is having IP business moving up from 10% to 25% which will increase its margins." She further added, "The company is also having a very low valuation compared to its peers. It is trading at 3.5 FY13 earnings. We expect Rolta from Rs 74.7 to move up to Rs 78 for today and the stoploss is expected to be at around Rs 72."