1. I have found an alternative to Infosys and it is Mindtree which is also on the similar lines and has been more affected due to dollar depreciation.
2. However this stock has the potential to become multibagger. However only road block seen by me for this stock is that one of the brokerage houses has gone under weight on it and has projected its target ckose to 384 in times to come.
3. However one can go long on this stock if stock is able to sustain above 500 levels. Potentional millionaire stock which can become multibagger however dollar holds key to it as it has lot of dependence on US market.
12 Dec 2007
Alternative to Infosys
Alternative to Infosys
2007-12-12T18:33:00+05:30
ANALYST
MIndtree|
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