PTC India has target of Rs 89: DD Sharma

PTC India has target of Rs 89, says DD Sharma, Senior Vice President Research, Anand Rathi.

Sharma told CNBC-TV18, "In PTC due to the regulatory positive changes, I think the current year and the coming years will be much better for it. Margins will increase, volumes will grow and this will continue to show robust growth year after year. So we are again positive on this, our target is Rs 89."