sharekhan on it pack

Valuation
In terms of our top picks, we continue to prefer HCLT (given
the company's strong results in the past three quarters,
aggressive hedging strategy and reasonably attractive
valuations) and Satyam (based on the distinct improvement
in the company's operating metrics, its relatively lower
exposure to the BFSI vertical and the strong growth
momentum in its enterprise business). In the mid-cap
space, we prefer 3i Infotech (purely on valuation basis and
due to the company's limited exposure to the US
geography).