Being a leading player in IT and BPO solutions, it is making news these days. Tutis Technologies is the parent company of the Vishal IT, with a 51.51 per cent stake, which is going to tap the primary market. This IPO
will unlock the value for the Tutis Technologies, considering the premium,
which Vishal IT is demanding from the market. Looking at potential for the
value appreciation in the counter, investors, as well as broking firms, are
taking interest. On the verge of an IPO, the parent company is expected to
gain momentum. The price has moved already from Rs 13.76 to Rs 18 in the
last few days. It's a good bet for short-term risk-takers.
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