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Moneycontrol.com >> Messageboard >> Stocks >> Megasoft >> In June 2009 net profit was Rs. 0.53 crores.....in Sep 2009 net profit is Rs. 2.27 crores....a 425% jump in net profit......Buy Buy Buy
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In June 2009 net profit was Rs. 0.53 crores.....in Sep 2009 net profit is Rs. 2.27 crores....a 425% jump in net profit......Buy Buy Buy (7)   26-Oct-09 11:31Track this thread   Tracked by (0)  
Posted by:   world investor on ( 26-Oct-09 11:31 )
Price : BSE: Rs 25.80 ( -1.90 % ), NSE: Rs. 26.15 ( -0.57 % )
In June 2009 quarter results the netr profit was Rs.0.53 crores and Ib Sep 2009 quarter results the net profit was Rs.2.27 crores which is a jump of more than 425% increase in profits.

This is without the RS.72 crores gained from the sale of their subsidiary in the US,which is expected to be added in the next quarter results.

At current market price Megasoft is really undervalued...

I recommend investors to accumulate at current levels for a target of Rs.80............
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