Tech Mahindra may go above Rs 2000: Salil Sharma

Written By Unknown on Jumat, 11 Oktober 2013 | 16.02

Oct 11, 2013, 02.27 PM IST

Salil Sharma of Kapur Sharma & Co is of the view that Tech Mahindra may go above Rs 2000 in the long term.

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Tech Mahindra may go above Rs 2000: Salil Sharma

Salil Sharma of Kapur Sharma & Co is of the view that Tech Mahindra may go above Rs 2000 in the long term.

Like this story, share it with millions of investors on M3

Tech Mahindra may go above Rs 2000: Salil Sharma

Salil Sharma of Kapur Sharma & Co is of the view that Tech Mahindra may go above Rs 2000 in the long term.

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Salil Sharma of Kapur Sharma & Co told CNBC-TV18, " Tech Mahindra has been a huge outperformer and it is one of the best performing technology shares. I think there is no reason for it to change that and in the short-term also today it has given a very good breakout along with Infosys."

"I would stay long for the short-term with a stoploss at Rs 1,530 and target at Rs 1,600 but if someone takes a longer-term view, more than Rs 2,000 levels are possible in this," he said.

Disclosure: We could have given some recommendations to our clients, I don't have any personal positions in the share.



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