Strides Arcolab a great stock to hold out: TS Anantakrishnan

ET Now spoke to TS Anantakrishnan, Head, Prime Wealth Management, on his views on Strides Arcolab.

ET Now: Strides Arcolab has seen some smart gains over the last three or four sessions. Do you like it even after the momentum?

TS Anantakrishnan: We think it’s a great stock to hold out. We would see the specialty side of the business tripling. In the next 18 months we see their strategy in expanding into other regions, whether it be Europe and Australia picking up momentum.

Their tie-ups with JSK would also add to their existing revenue base, so from that standpoint we like the stock. We think from our own internal targets we see it over 400 at this point.