Short Educomp Solutions: Thunuguntla

Short Educomp Solutions with a day target price of Rs 210, says Jagannadham Thunuguntla of SMC Global.

Thunuguntla told CNBC-TV18, "Short on Educomp Solutions with a day target price of Rs 210. The company had very sharp correction after the IT raids but had seen good rally after that. But now considering the solid rally of almost 10-15% on the bottom, there is a very good chance that stock can correct with profit taking."