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good stock in uncertain market.

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  1. #1
    finizard
    finizard is offline eTI Member

    good stock in uncertain market.

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    good stock in uncertain market.

    Angel Broking has maintained buy rating on Bartronics India with target price of Rs 312.Bartronics has reported an outstanding 495% yoy growth in topline in its Q4, 2008. the company is in business of Automatic Identification and Data Capture (AIDC) Solutions business, Smart Cards segment. Bartronics had acquired a US company towards early 2008. Strong growth in sectors like Retail has led to robust growth in the company’s RFID Solutions business.

    a CAGR growth of 60% in Top-line and 53% in Bottom-line over next two years is expected.

    We maintain a Buy on the stock, with a revised 12-month Target Price of Rs 312 (Rs 364).


    current price: 215.35 on May 13, 2008
    52 Week High: 294.50 ; Low: 100.00

  2. #2
    priya0710
    priya0710 is offline eTI Iron
    Markets volatile nature is one of the reason traders fears to trade here. By having good market knowledge traders can earn good profit when market is highly volatile.

  3. #3
    ankitadixit
    ankitadixit is offline Just in!
    I agree with having good knowledge of stock market can help you to earn good profit.

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