Scripscan:Datamatics Global Services Ltd
cmp:26
Traded in:Nse-bse
Story:The business model of Datamatics focusses on processing transactions and content, which are purely non-voice based. This has been broadly categorised under three heads- Content management, back office processing and related software services. Under content management, Datamatics is providing services for the legal, scientific and medical community. Its prominent clients under this head are Lexis Nexis (a division of Reed Elsevier Inc.) and Cadmus Communications Inc. In back office processing, Datamatics offers services for financial and accounting, tax processing and claims processing, and HR Services. Some of its key clients are Ford Motor Company, CPA firms such as Aronson & Co, Fidelity Investments and ABN Amro .In software services, it is handling document management and data migration solutions for its clients. Some of the clients in this category are Hummingbird and Computer Sciences Corporation.The IT-enabled services industry has strong growth potential, with growth rates which will outperform its high profile sibling - software services. Datamatics, with its good client profile, is positioned to ride on the BPO wave.Now,I have been accumulating datamatics since 19-20 levels as I feel worst is over for the counter.My beleif got stronger when some HNI and research head guys corroborated me on it.In future course I expect decent numbers from the company.At 26rs downsides seems to be relatively low wheras in a stable market it posses the potential to hit 33-35rs.A good buy.
Wednesday, August 19, 2009
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
