Buy Thinksoft Global For Rs 285
Stock market analysts have maintained 'buy' rating on Thinksoft Global Services Ltd with an intraday target of Rs 285.
According to them, interested traders can purchase the stock above Rs 282 with a strict stop loss of Rs 278.
If the stock markets remain on the positive path then the stock price will hit a target above Rs 295.
Shares of the company, on Friday (Nov 20), closed at Rs 279.95 on the Bombay Stock Exchange (BSE).
Shares of Chennai-based company got listed at the stock exchanges on Oct 26. They settled at a premium of 32.80% at Rs 166 per share as compared to the issue price of Rs 125 per share at NSE.
In the meantime, the shares of the company settled at a premium of 31.44% at Rs 164.30 per share on BSE.
Thinksoft is a professional in financial software testing with more than 8-million person hour record for Global 500 financial and Insurance organizations in the United States, India, United Kingdom, Europe and Asia-Pacific.
Through their area focus, integrated testing methodologies, offshore delivery, and test automation proficiency, the company aid customers understand 'business ready software', constrict timelines, and lessen software product life cycle expenditures.