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best stock: 60% profit for three years
Buy Vakrangee Softwares, target of Rs 304: Emkay Research
Emkay Research has recommendaed a buy rating on Vakrangee Softwares with a target price of Rs 304. EPS is expected to grow at a CAGR of 62.7% and the EPS to grow at 62.5% during next three years.
Vakrangee Softwares, target of Rs 304
Vakrangee Softwares closing price :Rs 199.00 (on 4/4/2008)
thanks
Whats the present status of this stock?? Is it running with the same expectations despite the varying market status ??
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hi
Keeping in mind global economic melt down , any investment in share markets has to be made only after carefully measuring the pros and corns of it . Though it is expected that earning per share will be around 62% which is a good rate of return. But it is advisable to invest our hard earned money carefully.
A good fundamental and technical analysis has to be performed to decide how good a stock's performance is and what returns it is most likely to generate in future. Such analysis is done my making necessary predictions on market behavior .