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Thursday, March 06, 2008

Midcapmania Multibaggers - March 6 2008


Buy Core projects & Technologies Ltd @196.95 for a target of 400+ in 12 months and 500+ levels in 18-24months. (Core projects & Technologies Ltd is an emerging player in IT education space. Its tie up with IL&FS for contracts under the Sarva Shiksha Abhiyan(SSA) and NASA's Centre of High Learning(CHL) for delivering education content internationally, would take the company to new highs post FY09. Further company has successfully acquired seven companies in the past two financial years. This has helped it triple revenues in FY07 with the acquired companies contributing 65% to the revenue and profits. Also it has posted better than expected Q3FY08 numbers).

By Uttam Saraf

Disclaimer: DP doesn't vouch for these recommendations and these are by a independent analyst