Buy Infomedia India: Nirmal Bang

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Buy Infomedia India: Nirmal Bang

Nirmal Bang has recommended a buy rating on Infomedia India. Company has entered into an investment face where new management has planned for aggressive expansion of existing business and also taken up new businesses initiatives. As such in near term company will be having strain on bottom line.

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Nirmal Bang has recommended a buy rating on Infomedia India in its September 22, 2008 research report. "Company has entered into an investment face where new management has planned for aggressive expansion of existing business and also taken up new businesses initiatives. As such in near term company will be having strain on bottom line. But from the long term prospective we continue to remain bullish on the stock and recommend BUY at current price," says Nirmal Bang's research report.

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To read the full report click on the attachment......