Wednesday 10 October 2007

Stock Tips: 3i Infotech

Stock market trading tip: 3i Infotech is a very good stock investment option in the mid-cap IT space. They have very good growth prospects. The financial year 2008 guidance is at Rs 1000-1100 cr in revenues which means 53-68% yoy growth and profits of Rs 145-155 cr i.e 39-48% yoy growth.

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.