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Stay invested in Mindtree: Vijay Chopra

Vijay Chopra of enochventures.com is of the view that one may stay invested in Mindtree.

January 19, 2017 / 15:13 IST
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Vijay Chopra of enochventures.com told CNBC-TV18, "One should stay in Mindtree because I see that there should be some performance revival in the IT companies and I also see some revival in the domestic order book. So if that happens with the entire initiative of the government of India of making entire transaction digital, there is a lot of domestic order book which is going to be created for the midcaps and largecaps IT companies.""Mindtree is a decent name and I do agree that the performance has been lumpy and they have not been doing great since last three-four quarters but I suppose that in the coming in two-three quarters there should be some good order book, which should be generated domestically. So I would recommend a hold on the stock. I think that this stock can easily go to Rs 510-520 and that should be a level where you can get into some other story," he added.

first published: Jan 19, 2017 03:12 pm

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