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Tuesday, May 12, 2009

Axis IT&T Ltd:-Can it be the next multibagger?

Scripscan:Axis IT&T Ltd
Cmp:11
Traded in:Nse-bse

Story:AXIS-IT&T is a leading Engineering Design Services provider with over a decade's experience in delivering cutting-edge customer services to global clients. Axis IT&T group comprises of three companies viz., Axis IT&T Ltd., Axis Inc. and Axis EU Ltd. with the the listed Axis IT&T Ltd. being the holding company of the later two. In January 2008, Jupiter Group led by Mr. Rajeev Chandrasekhar acquired management control of Axis IT&T group by buying 61% equity of Axis IT&T Ltd. via Jupiter group company Tayana Software Solutions.Now Rajeev chandrasekhar is one of the most respected names in the corporate world.He came into news some years ago when he pocketed around 1600crs by selling his bpl mobile stake to hutch group.He is the president of FICCI and the guy comes with top and rich contacts.At presentprice of 11 the market cap of axis works out to just around 22crs.Now its obvious a man of his caliber with such amazing brain would definately make this AXIS it&t into the top corporate league.Forget business,forget prospects bet on to the mind of rajeev chandrasekhar.I guess folks you havent forgotten the nikhil gandhi and klg cap,jpt sec stuff.Those counters became 30-40 baggers just because nikhil gandhi took the management control.Axis is just at 11rs now and if you are to beleive my hints...Go for the counter guys.The next multibagger is here for you.

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Posted by Arun Mukherjee at 7:08 PM

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