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#146 Daily Money Show | Money Purse Stock Market News
Original: # 146 Daily Money Show | Money Purse Stock Market News
Takeaway
Mid-cap IT names like Coforge (SLK acquisition synergies) and Happiest Minds (next-gen tech mix) screen well on five-year profit growth.
Summary
- Daily market wrap with index levels around Nifty 17,355 and tech-sector focus on Coforge.
- Discusses Coforge's special situation opportunity from SLK Global acquisition - North American banking/insurance exposure.
- Highlights Happiest Minds as a play on disruptive tech themes - AI, cloud, IoT, blockchain, robotics, drones, VR.
- Both stocks cited as having delivered ~20% profit growth over five years; MK Research rates Coforge with a target near Rs 913.
- Transcript noisy due to auto-caption quality.
IT-sectorcoforgehappiest-minds
Original description
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