Investing In Value And Multibagger Stocks

Multibagger Stock Idea - Quintegra Solutions Ltd

Quintegra Solutions
CMP : Rs 93
Target : Rs120 & 180
Time - 3-4 Months for Target 1 and 8-9 months for Target 2

Quintegra Solutions Ltd., (NSE: Quintegra; BSE: Quintegra, Scrip Code: 532866), a global IT services and Consulting Products company, is one of India's leading software developer and IT services exporter. Quintegra has offices in the US, UK, Germany, Africa, India, Malaysia and Singapore, with development centers in India, Singapore and Malaysia. Leveraging its proven global delivery model, Quintegra provides a full range of custom software development solutions and consultancy services in IT on various platforms and technologies. Quintegra's software development processes meet the highest quality standards and its software processes comply with SEI CMM standards. Quintegra enjoys long-term business relationships with clients across diverse sectors including some of the best-known global corporations. Quintegra also works closely with many mid-size growth companies and ISVs. Quintegra is headquartered at Chennai, India, and is listed on India's NSE, BSE and MSE.

More Recently Quintegra has completed the Initial Assessment of ISO 27001:2005 Information Security Management System of the organization with an external agency.On its quality journey, Quintegra has also completed its SCAMPI B assessment with an external auditor and is moving closer to become a CMMi Level 5 company.

1Year chart

Growth of the company

Quintegra Solutions Ltd has grown from $10 million to a $100-million company in the last three years.Quintegra targets $1 b revenue in 3-5 years.Quintegra's exposure and risk is mitigated by the fact that they have penetration into different countries apart from the US and our growth in those countries is extremely high

Quintegra's Consolidated Full Year Net Profit Up by 402%

On a consolidated basis, the Company has recorded a top line growth of 239.54% for the Fourth quarter ended 31 March 2008. The Company's consolidated revenue for the Fourth Quarter ended 31 March 2008 was Rs. 104.33 Crores as against Rs. 30.72 Crores for the corresponding period of the previous year. The Net Profit for the Company on a consolidated basis for the Fourth Quarter ended 31 March 2008 was Rs. 5.51 Crores as
against Rs. 2.86 Crores for the same period during the previous year posting an increase of 92.65%.

On a stand alone basis, the Company has recorded a top line growth of 47.78% for the Fourth quarter ended 31 March 2008. The Company's stand alone revenue for the fourth quarter ended 31 March 2008 stood at Rs. 25.67 Crores as against Rs. 17.37 Crores for the corresponding period of the previous year. The Net Profit for the Company on a stand alone basis for the fourth quarter ended 31 March 2008 was Rs.2.77 Crores as against Rs. 1.99 Crores for the same period during the previous year posting an increase of 38.64%.

Merck India Limited (MIL) - Buy Recommendation res...
Carborundum Universal : Multibagger Picks
Chemicals industry offers excellent investment opp...
Stocks you can pick up - 16th MAY 08
Sayaji hotels : The Next Super Star in the Hotel I...
gem worth investing - VOLTAS
gem worth investing - TITAN INDUSTRIES
gem worth investing - RELIANCE PETROLEUM
gem worth investing - IDFC
gem worth investing - HDFC BANK
gem worth investing - ABB
gem worth investing - ABAN OFFSHORE
Want to earn like Warren Buffett? 24 tips
Stocks to pick: ONGC, Sterlite Industies, TCS
How to build an ideal portfolio?
Mkts to see deep, long correction: Rakesh Jhunjhun...
Investment Idea - ZEE Entertainment Enterprises Li...
Why tips will never make you rich?
Tata Power: Full of energy
Long-term investors can start portfolio building
Tyre & Industries Ltd Target Rs.145/-
Bear Market? Is this a good time to invest?
Investment Idea - Prime Focus Ltd. plans beachhead...
Top midcaps: Adlabs, Parsvnath, Kotak Bank, Geojit...
Multi Bagger: Rain Commodities
Don't drive away blue-chip stocks
Buy Tata Steel, target Rs 1085: Emkay Research
The man who can't stop praising Rakesh Jhunjhunwal...
What should retail investors do..
Nagarjuna to unlock value - Long term
Binani Inds - hugely undervalued
5 value stocks to buy NOW
Alps Industries : Multibagger
Value picks from current market

This post was written by: Franklin Manuel

Franklin Manuel is a professional blogger, web designer and front end web developer. Follow him on Twitter