Datamatics Global Services
Listed on BSE & NSE
CMP- 86.65 & 86.30
Company offers integrated solution for Data management & IT services.
These services are required for efficient functioning of businesses like Baking, Insurance, Manufacturing and E-commerce.
Datamatics started its operations 20 years back and has a major chunk of its revenue coming from US & European markets. Now their focus is clearly on the Indian market with the surge of E-commerce.
E-commerce has huge potential in India. Companies are rushing to start online shops. All these businesses require huge data content posted on the online web portals. Thus Datamatics comes into picture with its content management capability and technology.
In addition to the Banking & Insurance sector company is also eying a big chunk of 'Digital India' program. So, business is surely going to increase manyfolds.
Financials-
Revenue- consistently grown over 20%
OPM- consistent @ 15 to 20%
USP-
Strong management with focus on acquisitions & expansion in Tier 2 cities.
Potential of the business segment specifically e-commerce
Global experience of the company.
Stock can be a multi bagger with target of Rs.125 in 6 months.
No comments:
Post a Comment