Highly undervalued IT scrip & Right Issue

#1
CCS Infotech, BSE 532405 (B2 Group)

Available at less than FY2005-06 EPS X 2

FY2004-05 fin performance
Income Rs 21.48 Cr
Net profit Rs 2.06 Cr
EPS Rs 2.25


FY 2005-06 fin performance
Income Rs 40.54Cr (Q1+Q2+Q3)
Net profit Rs 3.80 Cr (Q1+Q2+Q3)

EPS at expected Q4 NP of Rs 1.5 Cr = Rs 5.27
(which is very much possible)

CMP = Rs 10.00 or so


Shareholding:

Promo% 17.49
Pvt Com % 34.01
NRI % 0.58
Pub% 68.25


Note :

Right Issue is in offing , ratio 4 shares for one held. Price and record date is not declared so far.


Explore further and grab.
 

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