Multi Months Symmetrical Triangle Breakout Seen in Data Matics

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About Company:-

Datamatics Global Services Ltd is a global provider of Information Technology (IT), Business Process Management (BPM) and Consulting services. The Company provides business aligned next-generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies.

Market Cap
₹ 2,041 Cr.
Current Price
₹ 346
High / Low
₹ 364 / 234
Stock P/E
11.0
Book Value
₹ 178
Dividend Yield
1.08 %
ROCE
24.8 %
ROE
19.5 %
Face Value
₹ 5.00
Debt
₹ 21.3 Cr.
EPS
₹ 32.0
PEG Ratio
0.44
Promoter holding
70.9 %
Intrinsic Value
₹ 357
Pledged percentage
0.00 %
EVEBITDA
6.79

PROS

Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 24.8% CAGR over last 5 years


CONS

The company has delivered a poor sales growth of 9.90% over past five years.
Promoter holding has decreased over last 3 years: -3.26%
Working capital days have increased from 95.4 days to 147 days


Well i have done my analysis in it, and i found it a profitable bet for future. Technically and fundamentally it is looking good. We have already seen a multi months symmetrical triangle breakout in it. A huge upside momentum expected from here. For trading perspective i already written levels on chart. But according to me this is best to time enter for long term. All the data showing very positive for this ticker. In coming 6-7 years we can see 800-1000% returns in it. So take position accordingly. If you are planning for trading purpose then please follow strict stop loss.

Please guy's if you like my then please support me by like and follow and please tell me your view regarding this company in comment box, i would be happy to reply there.
Thankyou:-))
Nota
Awesome Data matics made high above 430,,party is still pending,,,accumulate more if you get levels 340-380. this has became rocket. our recommend price was 346 and now it is trading at 411 after making high of 430..Enjoy profits
Nota
Awesome data matics stock made high 483. almost 143 rupees up from our given level. 40% return done just in one month. Enjoy profits and hold for long term.
Chart PatternsDATAMATICSTechnical IndicatorsinvestingstockmarketanalysisTrend Analysis

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