Ram Informatics Ltd:

On a fantastic growth path banking on the Domestic Software Market:

ASM Technologies Ltd is also doing Fantastic in the bourses...

My earlier recommended counter Compact Disc Ltd (BSE Code-->526141) is also doing well and is rising steadily up..Its September, 2008 quarter results have been absolutely fantastic. The company allotted 14,00,000 Convertible Warrants at a Price of Rs.100 each to Pariscope Pictures Pvt. Ltd. The Warrants will be convertible within a period of 18 months at the option of allottee, into fully paid-up equity shares of Rs.10 each, at a premium of Rs.90 per share.

Compact Disc Ltd approved the budget of US$ 63 million (Rs 309 crore) for the animation feature film, multi-platform gaming and merchandising of a project with Pele, a legendary and Brazilian Soccer King. Is the story of the Compact Disc Ltd, now looking very attractive, for the bulls??!!

One can also start accumulating Ram Informatics Ltd (BSE Code-->530951) at the CMP of Rs.6.22. The stock is near its 52-week low price and hence have very little downside. RLP Securities Pvt Ltd holds 1.13%, Religare Securities Ltd hold 1.21%, CMS Computers Ltd holds 8.90% and Kajol Devgan holds 1.99% shares of the company, as of quarter ending September, 2008 .

Besides, if we look at the results of September, 2008 quarter we would find that Ram Informatics Ltd did well, especially considering the case when the IT sector was going through a turmoil. In the next few months the company would do significantly well in the view of the company's expertise in the Election Management Software and its concentrated focus on the ever growing domestic market in the E-governance space. During the September 2008, quarter, the company signed Citizen Services Centres agreement with the Government of Andhra Pradesh. In early December, 2008, Ram Informatics Ltd, received Work Order fromVisakhapatnam Port Trust, Information Technology Division for positioning of Software Personnel for Development and Maintenance of Visakhapatnam Port Trust Application Software for a period of Two years. This will bring greater strengths and revenues to the Company.

THE COMPANY FROM THE LAST MAY, 2008 TO DECEMBER, 2008 RECEIVED A SPATE OF ORDERS WHICH WAS UNNOTICED BY THE MARKET PARTICIPANTS. THIS HOWEVER, CANNOT CONTINUE FOR LONG AND LIKE MY EARLIER RECOMMENDATION OF ASM TECHNOLOGIES, from the same sector (Information Technology or IT), which is doing absolutely fantastic, THIS SCRIP IS BOUND TO RISE ABOVE Rs.11 in the next few trading

The stock is clocking an average delivery volume of around 90% in the last few trading sessions, indicating the accumulation of the scrip by some groups of investors.

If we look at the Charts we would find that the stock is in the highly oversold territory and has not broken the down the envelop pattern. Moreover, Bollinger Bands and MACD are indicating immediate rise in the price of the scrip. Also, a crossover is likely to take place which could take the scrip to around Rs.10--Rs.11 in the next few trading sessions.