This was one stock that I picked up a couple of years back. At that time it was called Paradyne Infosystems. Now the company has changed its name to Glodyne Technoserve. Well the good part is that i picked it up around Rs 70 odd but the bad part is I sold it off at Rs 140 odd...today the stock after 3 years is 750!!! (now with the split it is quoting around 390!!!
And going strong. . .
The good thing about the stock is as follows:
1) A high growth company, from 87 Cr in revenues in 2006 to more than 450 Cr in 2009.
2) A very lowPE: 5.86
3) A good dividend yield: > 10%
4) ROE: > 50%
Going forward this stock looks interesting and still looks cheap. . .
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