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Buy PTC India Financial Services, Sunil Hitech: Amar Ambani
22 May, 2017, 11:30 IST
| Mumbai, India
Amar Ambani, Head of Research at IIFL told CNBC-TV18, "We have a buy on PTC India Financial Services and Sunil Hitech because the price targets haven�t been reached but there has been a substantial run up. PTC, again a play on revival in the power sector, so that is why we like that stock."
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"Sunil Hitech is a company with Rs 1500 crore kind of turnover available at just about Rs 180-200 crore kind of market cap and there if you have a sudden execution pick up in business because they already have order book in place, then you can see a lot stronger revenue
growth and then if margins even go up by couple of 100 basis points, you could really see momentum building on the earnings front," he said.
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Source: http://www.moneycontrol.com/news/stocks-views/buy-ptc-india-financial-services-sunil-hitech-amar-ambani_1186354.html
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"Sunil Hitech is a company with Rs 1500 crore kind of turnover available at just about Rs 180-200 crore kind of market cap and there if you have a sudden execution pick up in business because they already have order book in place, then you can see a lot stronger revenue
growth and then if margins even go up by couple of 100 basis points, you could really see momentum building on the earnings front," he said.
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Source: http://www.moneycontrol.com/news/stocks-views/buy-ptc-india-financial-services-sunil-hitech-amar-ambani_1186354.html
