An unfairly battered Indian stock

This Indian tech stock is a leading developer of cyber-crime prevention and cloud-computing applications. And, since it's trading below its true value, now's a great time to buy for the long term, says Paul Hill.

Rolta India Ltd (LSE: RTI), rated as OUTPERFORM by Macquarie

Despite their buoyant economies, Brazilian, Russian, Indian and Chinese stocks have all sunk like BRICs this year. India in particular looks to be the baby that's been thrown out with the bathwater. GDP is expected to expand 7.8% this year and 7.5% next, with a large chunk of the growth coming from the resilient domestic market. More people are using credit cards, buying mobile phones, eating out and spending on healthcare, travel and luxuries.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.