Your third pick, Cranes Software, give us an idea of how much of an up tick investors could look at in this stock if they were to put their money in?
A: This is a very niche area company, it’s a software product company and it operates in an area of scientific software products, so you have typically scientific research organizations, which use their products. It’s more of a retail product and they are also going into enterprise products and they have acquired a lot of companies in the last few years. They have been able to ramp up successfully sales of those products, so that is a positive factor that execution has been pretty and also their margins are among the highest in the industry at about 50%. We have a target of about Rs 170 on that stock right now.
Link to the article: http://www.moneycontrol.com/india/news/market-outlook/stks-to-get-into-post-railway-budget/328224
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