Buy PTC India Financial Services, Sunil Hitech: Amar Ambani

| September 24 2014 09 : 00 IST | Moneycontrol
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."
"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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