Hold Rolta with target of Rs 125-130: CA Rudramurthy

CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "I suggest to hold on Rolta. It is currently consolidating in a broad range of Rs 85 to Rs 125. I will suggest to keep a stoploss of around Rs 86 and ride the upmove on Rolta.""If one has a timeframe of one year, a longer timeframe of at least more than one year, I see returns of at least 50 percent from even current level. So a target of Rs 125 to Rs 130 can be kept on Rolta and once it breaks decisively Rs 130, fresh upmove can also be seen in it. So Rs 125-130 can be a target for a one year timeframe and a stoploss of Rs 86 is a must," he said.