Artificial
Breakout with huge volume, 103% upside is possible in few monthsHello Everyone, i have brought a stock which has given breakout of triangle pattern with huge volume, and huge volume means breakout is going to sustain for sure. Stock name is Saksoft Ltd and it is engaged in providing business intelligence and information management solutions predominantly to mid-tier companies based out of USA and UK. It was established in 1999 by Autar Krishna and his son Mr Aditya Krishna.
Service Offerings
The company is a leading Digital Transformation Solution Partner for clients across various countries. It provides services like application development, testing & quality control and solutions based on cloud, mobility and Internet of Things (IoT) along with Information Management (IM) and Business Intelligence (BI) solutions.
User Industries:-
The company provides domain specific services in the verticals of :-
a. Fintech - Pay Tech, Reg Tech, Credit Tech, Insure Tech.
b. Utilities and Telecommunication - SharePoint development, Advanced analytics to reduce customer churn, Oracle Support, Testing CoE.
c. Public Sector - Telehealth, EHR integration, Imaging analytics, etc.
d. Retail & Healthcare - Multi Store eCommerce Solutions, Customer Engagement Solutions, Order Inventory Management, Telehealth & Remote Patient Monitoring, IoMT, Medical Device Integration, Billing & Revenue Cycle Management, Interoperability & Integration etc.
e. Transportation & Logistics - 3PL, Carrier, Shipper, Port.
f. Other - Machine learning & facial recognition from IoT data feeds, Predictive Analytics & BI, People identity management.
Market Cap
₹ 3,085 Cr.
Current Price
₹ 291
High / Low
₹ 402 / 210
Stock P/E
32.1
Book Value
₹ 47.7
Dividend Yield
0.27 %
ROCE
27.7 %
ROE
21.1 %
Face Value
₹ 1.00
Industry PE
32.5
Debt
₹ 26.4 Cr.
EPS
₹ 9.07
Promoter holding
66.6 %
Intrinsic Value
₹ 175
Pledged percentage
0.00 %
EVEBITDA
20.3
Change in Prom Hold
0.00 %
Profit Var 5Yrs
21.4 %
Sales growth 5Years
16.3 %
Return over 5years
55.8 %
Debt to equity
0.05
Net profit
₹ 96.2 Cr.
ROE 5Yr
21.3 %
Profit growth
17.4 %
Technically and fundamentally stock is really good for short term to long term trading and investing purpose. I feel this is really good stock to keep in portfolio for long term investing type. I think SIP would be best option in it do get handsome returns in long term. There is higher probability we can get our final target in within next one year only. But if someone is holding for long term, then returns can be more than 1500% in next 5-7 years from here.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
Nifty - Artificial Intelligence Theme Stocks Spread ChartCurrently I have added stock of companies which are aggressively working on use of Artificial Intelligence into daily services or products. Research is one thing but putting technology into use on mass level is completely different. Below stock companies has been selected basis there work in the field of technology and commitment for future.
NSE:TATAELXSI
NSE:HAPPSTMNDS
NSE:OFSS
NSE:AFFLE
NSE:KELLTONTEC
NSE:PERSISTENT
NSE:BOSCHLTD