Do not prefer Polaris at current valuation: Sudip Bandyopadhyay

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities Pvt Ltd, shares his views on Polaris. Excerpts:

ET Now: Is there merit in buying a Polaris right now?

Sudip Bandyopadhyay: Well I will not recommend at this stage. There are other good IT stories which one can focus on. I like Wipro for that matter and I also like TCS. If I have to go really by two smaller companies I will probably look at Tech Mahindra. I will even look at Hexaware, Persistent Systems and not Polaris at this stage.