Moneycontrol PRO
Outskill Gea AI
Outskill Gea AI
HomeNewsBusinessStocksBuy Sasken Comm; target of Rs 276: Firstcall Research

Buy Sasken Comm; target of Rs 276: Firstcall Research

Firstcall Research is bullish on Sasken Communication Technologies and has recommended buy rating on the stock with a target of Rs 276 in its October 25, 2014 research report.

October 27, 2014 / 19:22 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More
    Firstcall Research report on Sasken Communication Technologies

    “Sasken Communication Technologies (SCTL), incorporated in 1989, is a global leader in providing embedded R&D services, comprehensive testing services, IT infrastructure services and application development & data services to device OEMs, network OEMs, semiconductor vendors, operators and retail & insurance enterprises across the world. Global Fortune 500 and Tier 1 companies in these segments are part of Sasken's customer profile. The company is a certified at SEI CMM Level 5. It has also received ISO 9001:2000, ISO 27001, TL 9000 and ISO 14001 certifications for its quality management. The company is a member of premier technology bodies including ITU, 3GPP, GCF, MPEG-ISO, WiMAX, NFC, DLNA and ATM, DSL & SDR forums. Committed to innovation, Sasken works with customers to help them get to market ahead of the competition, and stay focused on new product development and manufacturing. With deep understanding of the communications industry, access to current and emerging technologies, mature development processes, global resources and a proven track record, Sasken creates complete solutions to help clients succeed. Clients choose Sasken for the comprehensive range of application solutions and services, backed by a proven reputation for expert support and high quality.” “At the current market price of Rs.246.05, the stock P/E ratio is at 4.14 x FY15E and 9.88 x FY16E respectively. Earnings per share (EPS) of the company for the earnings for FY15E and FY16E are seen at Rs. 59.43 and Rs. 24.90 respectively. Operating Profit and PAT of the company are expected to grow at a CAGR of 13% and 18% over 2013 to 2016E respectively. On the basis of EV/EBITDA, the stock trades at 4.93 x for FY15E and 4.19 x for FY16E. Price to Book Value of the stock is expected to be at 1.17 x and 1.08 x respectively for FY15E and FY16E. We recommend ‘BUY’ in this particular scrip with a target price of Rs. 276.00 for Medium to Long term investment,” says Firstcall Research report. 

    For 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: Oct 27, 2014 07:22 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseGen AI Masterclass