KPIT Cummins Infosystems - Daily Stock Picks

Posted by admin in Companies, Mid Term Picks on Jun 28th, 2010 | no responses

KPIT Cummins Infosystems Stock Analysis

KPIT Cummins Infosystems is a world class IT Consulting firm and is a niche player with leadership in engineering services and Business IT for manufacturing companies
Currently focusing mainly on Automotive and Semiconductor sectors
Has a strategic alliance with Bharat Forge Ltd to develop and market Hybrid Technology Solutions.
Company has good cash reserves to the tune of Rs 180 Crore
Between 2009 - 2012 the net sales and profits are expected to grow by a CAGR of 4% and 21%

Source: Sakshi Business News