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Buy Geometric Ltd; target of Rs 250: Dynamic Levels

Dynamic Levels is bullish on Geometric Ltd has recommended buy rating on the stock with a target price of Rs 250 in its research report dated July 14, 2016.

July 14, 2016 / 16:36 IST
 
 
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Dynamic Levels' research report on Geometric Ltd

Company’s OverviewGeometric Ltd is a specialist in the domain of engineering services and Technologies.The Company is headquartered in Mumbai, India. Its portfolio includes Product Lifecycle Management (PLM) Global Engineering Services, Embedded Systems, and Digital Technology Geometric technology solutions (GTS) business unit develops design and manufacturing productivity tools and technologies that includes
DFMPro,CAMWorks, GeomCaliper, eDrawings Publisher, Glovius, NestLib, Feature Recognition (FR), GeomDiff and 3DSearchIT.

Key business verticals of this company are Aerospace, Automotive, Heavy Engineering and High-Tech. Geometric has a joint venture with Dassault Systèmes, 3D PLM Software Solutions Ltd., which was set up in 2002 with an equity participation of 58% and 42% respectively. Geometric and Dassault Systèmes have reached an agreement whereby Dassault Systèmes will acquire full ownership of 3DPLM software solutions Ltd

ValuationWe recommend BUY in Geometric @215 with the target of 250For all recommendations, 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.

first published: Jul 14, 2016 04:36 pm

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