If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Tuesday, June 17, 2014

Allied Digital Services Ltd: The Chart Looks Bullish
CMP: Rs.20.40
The shares of Allied Digital Services Ltd,  which made a  new high this month, are looking explosive on the daily charts. The company recorded a profit at the net level of Rs.9.2 Cr in FY14, as compared to the net loss of Rs.5.1 Cr in the corresponding quarter previous year. 
The Basic EPS stood at Rs.2, an increase of 281.8% over the same period previous year. The EBIDTA margins have also improved by 420 bps and the company has returned to black after a long phase. 

The market cap of the company is only Rs.94.22 Cr against the FY14 turnover of Rs.181.88 Cr. Moreover, the P/E of the shares of the company is only 7.36, while the industry P/E is 28.89. A decent P/E re-rating of around 20, can take the scrip to around Rs.41-42, after giving suitable discounts. The book value of the shares of the company is Rs.146.62, while the price to book is only 0.14. 

The company earlier bagged a massive order of Rs.224 Cr in Pune City. The company's overseas branches have started to perform. It seems the stock will slowly move towards Rs.31-32-37-41-42 in the coming days. Investors are suggested to accumulate the scrip in every decline. 
Post a Comment