Discrimination faced by Mumbaikars...
If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.
Wednesday, July 10, 2013
Infinite Computer Solutions (India) Limited is a global provider of software solutions in the areas of Application Management, Infrastructure Management, Product Engineering and Mobility and Messaging with focus on the Telecom, Healthcare, Media & Content, Energy & Utilities and Banking & Finance verticals.
With a global team of over 5000, Infinite partners with Fortune 500 companies from Telecom, Healthcare, Energy & Utilities, Media & Content and Banking & Finance industries to provide Application Management, Infrastructure Management and Product Engineering Services including Mobility & Messaging Products and Solutions.
Shareholding Pattern: The promoters hold 67.47%, while the general public holds a mere 32.53% of the shares of the company. The FIIs hold 10.28% of the shares of the company while the DIIs hold 0.50%. The corporate bodies hold 2.24% of the shares of the company leaving very low floating stocks in the market.
Financials: For FY13, the total income of the company came out to be Rs.Rs.435.61 Cr as against Rs.370.93 Cr in FY12. The PBT of the company jumped to Rs.136.11 Cr in FY13 as against Rs.99.60 C in FY12. The Net Profit of the company for FY13 came out to be Rs.106.28 Cr as against Rs.75.22 Cr in the same period previous year. The EPS of the Company for FY, came out to be Rs.24.97 as against Rs.17.48 in the same period previous year.
Conclusion: Buy the shares of the company at Rs.85.95--Rs.86, for a target of Rs.94-97-104, in the coming days. The company is coming up with a share buy back issue.