Teledata Informatics Limited


I am holding to this share for the last few months.

As you are from Chennai, i suggest, time permitting, you go to the Company to have a first hand information.

Something is wrong with the company - probably the fundamentals are not true or correct.

I have not received the Annual Report as well.

sorry did not c your post. annual report was sent quite some times back. if i remember correctly some time end july.may be your copy got lost in the post. as a mariner i am interested in the company since it is developing maritime software products.
sachin divase said:
see attached chart
Technically script is very weak.If you have it ,then hold.Don,t add.
stop loss=24.5

Best wishes
Hi Kamalesh/B.Chaudhary,

Caution on this one,my friends.Technically,very weak........been in a long downtrend.That Bullish Wide Range Bar on the weekly made in August 1st week stands negated...........buying here would be like trying to catch a falling knife,as the famous adage goes.Careful,my friends.If you are already in this,don't tolerate more than 24.5 as advised by Sachin.

Take Care!!

Quarter result if good can boost share value for this share. Results has been good for last few quarter. Good result this time should boost confidence!.

Write your opinion about the same !

Am really surprised to see all these terse comments. remember only in Jul/ Aug everybody was swearing by this script. Nothing that I have come across has happened,apart from a report that a particular entity had sold a large chunk of about 2 crore shares.Since that report the price has been going southwards till recent times when it srarted trading sideways. i think INVESTORS need to see this script for some more time say another six months or till the next annual report.
Dear Friends,

A news from HINDU businessline

Teledata plans to demerge businesses
Our Bureau


Mumbai , March 21

The Chennai-based Teledata Informatics Ltd that has been on an acquisition spree this fiscal is planning a demerger of its marine, software and technology businesses over the next six months.

Talking to Business Line, Mr K Padmanabhan, Managing Director, Teledata, said the company was planning to spin off three companies by September.

"The company is set for massive topline growth during 2006-07 as our acquisitions - 12 this year and four in 2004-05, will begin showing results. From a turnover of Rs 356 crore in 2005-06, Teledata is set to cross Rs 1,050 crore this year. The projection for 2006-07 is at Rs 2,500 crore and we want to reward our shareholders through the demerger, given that the share price of the company is only around Rs 20," Mr Padmanahan said.

The Teledata Informatics share closed at Rs 20.15 on the BSE today, up form the previous close of Rs 18.70.

"We are going to focus more on communications - voice over Internet protocol - next fiscal. This segment will see major growth, from Rs 30 crore this year to about Rs 300 crore in 2006-07," he added.

Recent buy

Mr Padmanabhan was in town to announce Teledata's recent acquisition of Alpha Soft Services Corporation, US at a cost of $14.6 million. This was the twelfth acquisition by the Chennai-based company this fiscal, the costliest one being the $27-million takeover of Picnic Marine, Thailand in October 2005.

Alpha Soft is a $ 28-million company specialising in ERP, data warehousing and e-business. With this acquisition, Teledata will get a firmer foothold in the US, where Alpha Soft has a wide customer base.

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