3i Infotech Short Term Buy Call

3i Infotech Short Term Buy CallStock market analyst Shardul Kulkarni of Angel Broking has maintained 'buy' rating on 3i Infotech stock with a target of Rs 78.

The stock can be bought with stop loss of Rs 66.

According to analyst, the investors can achieve the target within a period of 15-20 days.

Today, the stock of the company opened at Rs 71 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 97.40 and a low of Rs 58 on BSE.

Current EPS & P/E ratio stood at 14.56 and 4.82 respectively.

Revenue for the three month period ended September 2010 stood at Rs 6.46 billion, showcasing an increase of 2.3% as against the same quarter of the previous year.

Revenue for the first six month period of the existing fiscal was Rs 12.88 bilion over the same period of 2009.

Company half yearly PAT surged 4.7% to Rs 1.25 billion over the corresponding half year of 2009.

The company's EPS remained at Rs 6.36 as against Rs 8.18 during the same period of the previous year.




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