Bullish on Aptech: Ashwani Gujral
Aptech has done well. So that has probably achieved a short term target of about Rs 130.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on IT stocks
What is the call on midcap IT and NIIT Tech in particular?
Aptech has done well. So that has probably achieved a short term target of about Rs 130. NIIT Tech has been moving sideways between Rs 175 and about Rs 210. So now needs to sustain past Rs 210 to make any further progress. Aptech is a much better stock than NIIT Tech but overall it looks okay. Hexaware and Aptech look strong in midcap IT. I do not think the NIIT twins are anything great.
What is the call on midcap IT and NIIT Tech in particular?
Aptech has done well. So that has probably achieved a short term target of about Rs 130. NIIT Tech has been moving sideways between Rs 175 and about Rs 210. So now needs to sustain past Rs 210 to make any further progress. Aptech is a much better stock than NIIT Tech but overall it looks okay. Hexaware and Aptech look strong in midcap IT. I do not think the NIIT twins are anything great.
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