Moneycontrol Be a Pro
Get App
Last Updated : Jul 04, 2011 02:20 PM IST | Source: CNBC-TV18

3i Infotech has target of Rs 49: SMC Global

3i Infotech has target of Rs 49, says Jagannadham Thununguntla, SMC Global.


3i Infotech has target of Rs 49, says Jagannadham Thununguntla, SMC Global.

Thununguntla told CNBC-TV18, "3i Infotech - as the deal is expected to happen and also technology can be a defensive bet in the current market conditions. As the F&O has expired there is a good chance that again the market will see a rough patch in that backdrop, 3i Infotech kind of tech stocks can be a good defensive bet with a day target price of Rs 49.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

First Published on Jul 4, 2011 01:57 pm
Loading...
Follow us on
Available On
Trusted By 1cr Families
Medlife Health Comes Home