Hot Chip Buy Calls: GTL
GTL BSE code: 500160
GTL has aroused interest among investors after it declared the results for Q1FY09 and announced a dividend of 30 per cent. The focus of GTL’s business model is on networking business. Anticipating great potential of this counter, brokers are confident it would fetch good returns for investors. A good momentum is on the cards in the near term. This is evident from the high deliverable quantity, with an upward movement in price and hefty volume. The movement on the technical chart also supports the optimism. Investors can take short or medium exposure.
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