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Sunday, November 23, 2014

infinite computer solutions (India) Limited : BUY at CMP of Rs 178 : target 300



Infinite Computer Solutions is a global service provider of IT services, Product Engineering and Mobility and Messaging Products and Solutions, with focus on Telecom, Energy & Utilities, Media & Content, Healthcare and Banking & Finance industries. Our strength stems from the alignment with client business objectives, even as we engage with clients across multiple engagement models to align better with your business needs. With a global headcount of around 5000 professionals and offices spread across India, US, UK, China, Malaysia, Singapore and Hong Kong which includes delivery centres in the US at Maryland, Illinois and Tennessee and in India at Bangalore, Delhi, Hyderabad and Chennai.Established in 1999, Infinite today is a publicly listed entity head quartered in Bangalore, India, with an expanse across three continents, a diverse employee base and over 50 premier clients, including several leading Fortune 1000 companies

Company became public and got listed in 2010 the shares were issued at Rs 165 and the share price is hovering around at issue price.Company has grown in last 5 years in a comparative slow manner but positively because of that doesn't enjoy a very good PE multiple.

Stock is looking good at current levels one may take a long term exposure for minimum one year for good returns.It's a very low risk high return kind of stock.

BUY...........Hold for one year.

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