Datamatics - Recent Correction Provides Good Entry Point: HDFC Securities

"BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..HDFC Securities Retail Research.Datamatics Global Services Ltd. caters to a number of industry segments like banking and finance, insurance, manufacturing, telecom and retail and publishing. Company is focused on emerging business and expanding its reach by partnership and acquisitions. Datamatics has continued to focus its efforts towards offering a comprehensive suite of customised, smart and innovative solutions, powered by artificial intelligence and machine learning, robotics, internet of things, cloud and mobility. We think the company could get better opportunity in automation, robotics and artificial intelligence because of an early entry in the segment. Datamatic’s strong order inflow, stable financial profile led by steady revenue growth, strong liquidity profile, healthy internal accrual generation, comfortable capital structure and extensive experience of promoters in IT and ITeS industry gives us comfort. It could get less impacted by the current slowdown affecting some midcap IT stocks given the spread of its service, geographies and reasonable valuations. Also the stock has corrected well over the past six weeks providing a good entry point..Click on the attachment to read the full report:.Bharat Wire Ropes - Healthy Demand With Operational Efficiencies To Drive Growth: ICICI Direct.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Datamatics - Recent Correction Provides Good Entry Point: HDFC Securities

Datamatic’s strong order inflow, stable financial profile extensive experience of promoters in IT, ITeS industry gives us comfort

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Datamatics - Recent Correction Provides Good Entry Point: HDFC Securities

Datamatic’s strong order inflow, stable financial profile extensive experience of promoters in IT, ITeS industry gives us comfort

Choose a plan

Follow Us

DOWNLOAD THE APP