INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Thursday, May 5, 2011

MULTIBAGGER STOCK RECOMMENDATION - MICRO TECH

  MICRO TECHNOLOGIES
  BSE: 532494   NSE: MICROTECH   CMP: 134.00

  BOOK VALUE: 258.50  EPS : 47.37  PE RATIO: 2.83 
  
  INDUSTRY PE: 23.12     DIVIDEND YIELD :    20.00%



Micro Technologies (India) Limited operates software development centers in India. The Company provides a variety of software services, via their portfolio of over thirty software applications. The technologies include HTML and DHTML tools, Java enabled front ends, XML, scripting languages, Java server pages, ActiveX components, visual basic and, active server pages.

Micro Tech is a value buy in small cap space. Its trading at a P/E of no higher than 3. Revenues have grown from 60 Crores to over 300 Crores and PAT has grown from 17 Crores to 63 Crores over the last 5 years. NPM is more than decent at 17%. Liabilities though on the higher side are very much manageable. Cash flows look good. Dividend yields decent at 1.50% in the last 12 months. Buy, Accumulate on dips and hold for long term gains.

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