Buy UTV Software, says Rajesh Agarwal

Buy UTV Software, says Rajesh Agarwal, Eastern Financiers.

Agarwal told CNBC-TV18, "We would recommend a buy on UTV Software with a stop loss of Rs 750 and a target of Rs 850 on this. This company is basically into TV software, TV content movies and gaming. Last quarter we have seen the movies division doing very well. In the next two quarters this company is releasing some movies, may be around four-five movies in the South Indian market with all verticals like Tamil, Telugu and Malayalam.