ORG Main business is in telecom field and all major operators in india is going for major expansion . So there is a good chance for this company to get business in VAS, Billing outsorcing & Managed services. if their new satelite business also perform well, there is a good chance that this stock will cross 190 very soon.
The stock is moving up in anticipation of good results. No idea about the result estimates, however it would be natural for it to move back to 105-110 levels pre-results on a pure technical bounce.Especially since it has no exposure to Dollar (no US customers) it seems to be one of few small cap IT companies that can shrug off the currency curse!
Org informatics Target 190 ( Nse:84.95)
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