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Buy Allied Digital Services; target of Rs 213: Profitmart

Profitmart is bullish on Allied Digital Services has recommended buy rating on the stock with a target price of Rs 213 in its research report dated July 17, 2023.

July 27, 2023 / 19:44 IST
Buy

Buy

 
 
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Profitmart research report on Allied Digital Services

Allied Digital Services Limited (ADSL) was established in 1984 & was later converted in to public limited company in 2007. ADSL is an IT services company providing services of designing, developing, deploying digital solutions, and delivering end-to-end IT infrastructure services, Enterprise applications, and Integrated solutions. ADSL has a direct presence in India. USA, UK, Singapore, Australia Ireland, China, Japan & Brazil & revenues from global customers accounts for about 75% of total revenues and 25% comes from domestic market.

Outlook

Hence we believe that the ADSL stock should be purchased at the current price for a price target of around Rs 213 over the next 12 to 18 months.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Allied Digital Services - 26 -07 - 2023 - profit

Broker Research
first published: Jul 27, 2023 07:44 pm

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