Datamatics | Candlestick Analysis |
Updated
Fundamental
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.
The company have developed its own intelligent automation platform and market for the same is forecasted to grow at a CAGR of ~19% over 2020-25.
Presently, the company has 200+ clients. It added 33 new clients in Q2FY22 alone. In FY21, Top 5, 10 and 20 clients contributed 25%, 36% and 49% towards revenues respectively.
Segment-wise Revenue FY21: -
Information Technology - 51%
Business Process Management - 49%
Market Cap: Rs 1,532 cr; PE: 10.8 ; ROCE : 14.7% ; ROE : 11.3% , Debt Free Balance Sheet.
FII's increased shareholding in Dec'21 quarter and credit rating agency updated their current rating to A+ stable.
Technical:
After the breakout, price rejected from level of ATH and retrenchment to fib golden level & EMA 55.
At support level of Rs 240, a DOJI candle was formed in weekly chart, followed by Morning Star Candle (Bullish Candle) i.e., sign of trend reversal.
The level marked in chart with explanations.
Thanks
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.
The company have developed its own intelligent automation platform and market for the same is forecasted to grow at a CAGR of ~19% over 2020-25.
Presently, the company has 200+ clients. It added 33 new clients in Q2FY22 alone. In FY21, Top 5, 10 and 20 clients contributed 25%, 36% and 49% towards revenues respectively.
Segment-wise Revenue FY21: -
Information Technology - 51%
Business Process Management - 49%
Market Cap: Rs 1,532 cr; PE: 10.8 ; ROCE : 14.7% ; ROE : 11.3% , Debt Free Balance Sheet.
FII's increased shareholding in Dec'21 quarter and credit rating agency updated their current rating to A+ stable.
Technical:
After the breakout, price rejected from level of ATH and retrenchment to fib golden level & EMA 55.
At support level of Rs 240, a DOJI candle was formed in weekly chart, followed by Morning Star Candle (Bullish Candle) i.e., sign of trend reversal.
The level marked in chart with explanations.
Thanks
Trade active
Breakout with Volume !!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.