Allied Digital Services Ltd: All Set to Move Up

Allied Digital Services Ltd spoke earlier of rumours being the main cause for the fall in the share price to such dismal levels. The company has over two decades of experience and has strong expertise to customized cloud computing services, to clients across the global landscape. The company has also moved away from the traditional service delivery model to automated delivery model. Some of the features which could be highlighted are:
(i) 25+ Years in the Industry
(ii) 52 states in the USA
(iii) 40+ Global Partner and Alliances
(iv) 132 Locations in India
(v) 2000+ Global customers
(vi) 3000+ Employees
(vii) 10, 000+ Years of cumulative personnel experience
(viii) ISO 2000-01: 2005 Standard Service Delivery Improvisation
(ix) ISO 20000-1: 2005 & ISO 27001-01 Standard Global Command Centre.
In the last fiscal, the company joined hands with Singapore based e-Corp to provide managerial security services to enterprises in 20 plus countries. In the JV, Allied Digital will hold 80%, while e-Corp will hold the remaining 20%. In addition, the JV will assume the role of e-Corp's current Global Resource Centre (GRC) in India. E-Corp's GRC provides security services to over 80 Global Clients from across the globe, which includes government and multi-national companies. This JV will also focus on developing innovative Cloud Monitoring Solutions, powered by e-Corp's Common Interference Engine for security Event handling technology for Allied Digital and e-Corp's combined clientele. The company's Bangalore based subsidiary, Digicomp Complete Solutions, which manages end-to-end technical support, customer care, warranty services, etc through it single window solutions, has remained positive in FY11. The subsidiary has also been able to add few good clients, in FY11, which is expected to contribute to top and bottomlines significantly in the coming months.
In FY11, the company has developed a global communication team (GCT), which is responsible for ensuring consistent delivery of its key messages, to its clients. The company is also developing extremely client-centric materials which will help the company to improve its communicative capabilities with its national and international clients.
The Company maintains sufficient cash to meet its strategic objectives. As on March 31st 2011, your Company has liquid assets including investment in mutual funds of Rs.82.09 Crore.
Moreover, it has also, mentioned about 3-4 quarters of consolidation, which expired on 31st, December, 2011. The company said, "Once the transformation is complete, the company would start demonstrating positive growth, supplemented by value and wealth for all". Now with Cloud computing expecting to become the next big wave for Indian IT-BPO industry, we cannot but invest in the shares of the company, which are trading at the price of penny.
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