this is one of the most underperforming IT scrips with an EPS of nearly 13 and PE of only 1.5 . today it touched a low of rs.16.80 ! there is not much scope of downside left , but upside is beyond any limits. promoters are all set to raise their shareholding percentage to approx 25%. results are due , and expected to earn net profit of rs.150 crs ...maybe if they declare dividend of say 20 % , then dividend yeild will be more than 10%
i strongly recommend for everyone not to miss this golden oppertunity.
normal PE for a profit making company in the IT sector is generally more than 10. on this criteria the price of teledata should have been more than rs.100 , but most probably the price has deliberately been kept down by operators .
i strongly recommend for everyone not to miss this golden oppertunity.
normal PE for a profit making company in the IT sector is generally more than 10. on this criteria the price of teledata should have been more than rs.100 , but most probably the price has deliberately been kept down by operators .