Educomp Solutions to be 240-250 levels in 12 months: Ambareesh Baliga
With the balance sheet getting back in shape and with fresh inflows into the company. we will see this stock back at levels of about 240-250 within 12 months
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| Updated: In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on Educomp Solutions Ltd.
ET Now: What is your call on Educomp Solutions?
Ambareesh Baliga: We are no longer negative on Educomp especially in the last six-seven months. We saw much lower levels from where we have now moved back. This fallen angel should again come back and will start contributing from next year. With the balance sheet getting back in shape and with fresh inflows into the company, we will see this stock back at levels of about 240-250 within 12 months.
ET Now: What is your call on Educomp Solutions?
Ambareesh Baliga: We are no longer negative on Educomp especially in the last six-seven months. We saw much lower levels from where we have now moved back. This fallen angel should again come back and will start contributing from next year. With the balance sheet getting back in shape and with fresh inflows into the company, we will see this stock back at levels of about 240-250 within 12 months.
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