Jan 06, 2014, 02.26 PM IST
Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. "The stock is poised for a reasonable and decent breakout but if someone is investing and doing a positional trade and holding for sometime," he said in an interview to CNBC-TV18.
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Mastek rises 14% on buyback plans
Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. "The stock is poised for a reasonable and decent breakout but if someone is investing and doing a positional trade and holding for sometime," he said in an interview to CNBC-TV18.
Like this story, share it with millions of investors on M3
Mastek rises 14% on buyback plans
Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. "The stock is poised for a reasonable and decent breakout but if someone is investing and doing a positional trade and holding for sometime," he said in an interview to CNBC-TV18.
Shares of Mastek rose 14 percent intraday on Monday as after the company disclosed on exchanges that it will consider buyback at their board meet on Wednesday.
Sudarshan Sukhani of s2analytics.com strongly recommends buying Mastek. "The stock is poised for a reasonable and decent breakout but if someone is investing and doing a positional trade and holding for sometime. The stock is building a long base for almost two years now and is coming out of it; it is a dream," he said in an interview to CNBC-TV18.
The stock also hit 52-week high at Rs 184.40. At 14:19 hrs, the stock was at Rs 179.00, up Rs 17.15, or 10.60 percent on the BSE.
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