HomeNewsBusinessStocksHold PTC India Financial, says Lancelot D'Cunha

Hold PTC India Financial, says Lancelot D'Cunha

Lancelot D'Cunha, CEO at ITI Wealth management is of the view that one may hold PTC India Financial Services.

August 19, 2014 / 16:43 IST
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Lancelot D'Cunha, CEO at ITI Wealth management told CNBC-TV18, "I would advice to hold on PTC India Financial because it has come up with good numbers and looking at the future I expect that they will also be able to benefit from the expansion in the power segments, so that should help improve margins as well as interest rate should do better. So, one should hold on to the stock because it can give 20-25 percent upside from here."

The share touched its 52-week high Rs 42.45 and 52-week low Rs 9.50 on 18 August, 2014 and 22 August, 2013, respectively.

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first published: Aug 19, 2014 04:43 pm

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