Friday, January 29, 2010

>EVERONN SYSTEMS LIMITED (INDIA INFOLINE)

  • Robust growth in stand-alone revenues drives better-than-expected consolidated performance.
  • OPM contracts by 110bps driven by adverse revenue mix change and increased losses of subsidiaries; PAT grows by 3% qoq.
  • Maintain BUY on Everonn with target price Rs 558.

To read the full report: EVERONN SYSTEMS

0 comments: