Rolta India is looking for acquisition and is in talks with 2-3 companies. The company said acquisition will be in USD 50-60 million range and hopes to finish deal soon.
KK Singh, CMD, Rolta India, said higher exposure to the domestic market would help in reducing the rupee appreciation impact.
The company has a forex cover of $20-30 million and an orderbook of around Rs 900 crore.
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