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    Author Topic: good stock in uncertain market.  (Read 120 times)
    finizard
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    « on: May 15, 2008, 12:56:11 PM »

    good stock in uncertain market.

    Angel Broking has maintained buy rating on Bartronics India with target price of Rs 312.Bartronics has reported an outstanding 495% yoy growth in topline in its Q4, 2008. the company is in business of Automatic Identification and Data Capture (AIDC) Solutions business, Smart Cards segment. Bartronics had acquired a US company towards early 2008. Strong growth in sectors like Retail has led to robust growth in the company’s RFID Solutions business.

    a CAGR growth of 60% in Top-line and 53% in Bottom-line over next two years is expected.

    We maintain a Buy on the stock, with a revised 12-month Target Price of Rs 312 (Rs 364).


    current price: 215.35 on May 13, 2008
    52 Week  High:  294.50  ; Low: 100.00
     
    « Last Edit: May 15, 2008, 03:20:12 PM by iAdmin » Logged

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    « on: May 15, 2008, 12:56:11 PM »

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