Omnitech Infosolutions

MID-CAP IT STOCK IGNORED TILL NOW.

Posted by : Guest
Price when posted : BSE: Rs 133.90 ( 11.12 % ), NSE: Rs. 133.50 ( 10.83 % )

Hey Buddy Kanakadhara, your prediction was on the dot,I am also of the same view as you can see from my message below. Even though this takes a long time to wake up, when it does, it makes up for the lost time in no time. Something is cooking up for sure, possibly the aquisition news might be out shortly,20% UC is due if this happens. Zylog Systems is another midcap IT stock which trades at a low P/E. This rally in Omnitech could take it to its first immediate hurdle/target of 160. ...

MID-CAP IT STOCK IGNORED TILL NOW.

Posted by : kanakadhara
Price when posted : BSE: Rs 120.50 ( 3.88 % ), NSE: Rs. 120.45 ( 3.75 % )

OMNITECH will start going-up from this week.The
stock is expected to cross its Previous 52 Week High of
Rs.150/- Plus.This is the only stock in MIDCAP Segment
ignored for Long.This stock is now available at a PE of just 5.The EPS for the year ended Seo.2009 is 24.3.Its
Equity is rs.13.14 Crores. Its Book Value is Rs.93/-
Its Clients are in Remote Infrastructure Management Services.(RIMS).The Company is reportedly planning to grow in an InOrganic Way.
My disclosure; Iam holding 800 shares of OMNITECH....

BSE Announcements on Omnitech Infoso

Posted by : aaishashafeek
Price when posted : BSE: Rs 118.45 ( -0.67 % ), NSE: Rs. 118.35 ( -0.92 % )

wishful thinking, either earnings should grow or some acquisition or some fund raising, other wise the stock is dead and buried....

BSE Announcements on Omnitech Infoso

Posted by : Guest
Price when posted : BSE: Rs 119.25 ( -1.04 % ), NSE: Rs. 119.45 ( -1.24 % )

Anyone alive on this counter or company ??? Stock seems dead & burried. Will wake up one day & start running..............

BSE Announcements on Omnitech Infoso

Posted by : MMB Messenger
Price when posted : [Omnitech Infoso - BSE:Rs. 115.05 NSE:Rs. 41.00 when posted]

Omnitech InfoSolutions Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on November 02, 2009....

NSE Announcements on Omnitech Infoso

Posted by : MMB Messenger
Price when posted : [Omnitech Infoso - BSE:Rs. 135.00 NSE:Rs. 41.00 when posted]

Omnitech Infosolutions Limited has informed the Exchange regarding a press release dated October 21, 2009, titled "Omnitech Q2 Revenues up by 11.61%, to Rs. 51.30 crore; Companys Profit up by 0.20% to Rs. 9.04 crore". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Omnitech Infoso

Posted by : MMB Messenger
Price when posted : [Omnitech Infoso - BSE:Rs. 137.90 NSE:Rs. 41.00 when posted]

Omnitech InfoSolutions Ltd has informed BSE regarding a Press Release dated October 21, 2009 titled "Omnitech Q2 Revenues up by 11.61%, to Rs. 51.30 crore" ...

Buy Omnitech

Posted by : rajkishore420
Price when posted : BSE: Rs 136.15 ( -2.09 % ), NSE: Rs. 136.20 ( -2.33 % )

Hello donthisrk,

Omnitech is presently quoting around 135- an upside of around 70 percent from your buying price. Recently, it had touched a high of 154.80. Within an year, it would touch at least 250-300 if not more. So enjoy the benefit.

Regards

RK...

Buy Omnitech

Posted by : donthisrk
Price when posted : BSE: Rs 137.25 ( -1.29 % ), NSE: Rs. 137.60 ( -1.33 % )

Hi,

I bought 500 shares @ 80.

Regards,
Saritha....

Q 2 Results: Good Performance

Posted by : kanakadhara
Price when posted : BSE: Rs 139.05 ( -0.78 % ), NSE: Rs. 139.45 ( -0.61 % )

Q2: Sales Rs.51.21 Crores(Q1;Rs.42.53 Cr.)
Q2:Net Profit:Rs.9.03 Crores(Q1;Rs.7.58 Cr.)
Q2:EPS :6.88 (Q1:5.77).Consistent Growth in Sales and profit.Promoters Encumbered shares; NIL...

NOT BAD RESULTS

Posted by : Expert View
Price when posted : BSE: Rs 139.05 ( -0.78 % ), NSE: Rs. 139.45 ( -0.61 % )

Net profits have gone up marginally along with EPS, however, I still consider this as excellent. Do not forget these are unaudited results & the real profits will be disclosed when the price is already above teh 200 mark. ...

NSE Announcements on Omnitech Infoso

Posted by : MMB Messenger
Price when posted : [Omnitech Infoso - BSE:Rs. 139.05 NSE:Rs. 41.00 when posted]

Omnitech Infosolutions Limited has informed the Exchange vide notes to accounts in the Unaudited financial results for the quarter ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 21, 2009) regarding the position of funds raised in IPO including Share Premium and utilization thereof as on September 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....

BSE Announcements on Omnitech Infoso

Posted by : MMB Messenger
Price when posted : [Omnitech Infoso - BSE:Rs. 139.05 NSE:Rs. 41.00 when posted]

Omnitech InfoSolutions Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....

Buy Omnitech

Posted by : Expert View
Price when posted : BSE: Rs 140.15 ( 0.11 % ), NSE: Rs. 140.30 ( 0.68 % )

Tomorrow`s results will be above street expectations & Omnitech will cross its resistance of 145. Immediate target will be 160 where it might face some resistance for short/medium term, however once above 160 (convincingly) then it could shoot up to 200+ target. In between if there some overseas aquisition news as expected it will boost the price to such levels even faster. Please stay invested in this gem for decent gains going forward. It is also a safe bet with attractive valuations even in a market correction. Cheers !...

Buy Omnitech

Posted by : Expert View
Price when posted : BSE: Rs 133.05 ( -3.24 % ), NSE: Rs. 132.85 ( -3.28 % )

This is just a routine correction nothing to do with the dollar weakness. As it is Omnitech is covered in this area. Rel Comm fraud is disclosed in the latest auditors reports (tempering with results) ...