Buy RComm; can generate handsome return: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd. in a chat with ET Now talks about RComm.

RComm clearly looking for a partner here, what exactly do you recommend on this one?

Definitely I would recommend a buy on RComm. There are 3 reasons why I recommend buy on RComm first is the 3G auction is behind us, second is tariff war has subsided and third is if you look at FY10 Q4 quarter results they showed revenue growth driven mainly by increase in minutes of usage which augurs well for most of the telecom companies.

So with tariff war having subsided and minutes of usage increasing for the company I think fundamentals will improve for this company and going forward investors can generate handsome return on the stock.