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Author Topic: VIRINCHI TECHNOLOGIES Ltd  (Read 141 times)
Lavanay
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« on: May 24, 2008, 09:23:01 PM »

Now Buy good Fundamental IT Stocks like VIRINCHI TECHNOLOGIES Ltd .,
AT 23/-  Quoting BSE (10/- Face Value).

VIRINCHI TECHNOLOGIES Ltd , Trading in BSE at 23/- in B Group. This
is 10/- FaceValue share trading at 23/-.  Before Market Crashed &
doller down Its traded between 35/- to 50/-. Now its trading at 23/-
. Now Doller is very very strong at nearly 43/-. Daily grabbing with
Mumbai BIG BIG Bulls because of  Now stock is available at very very
cheep price at 23/- EPS 4/- for 2007 – 08. This year expecting 6.5/-
because Doller value is more (10% more compare to 1 month back) And
Company releasing Good Product soon. Definitely this income will
effect this year results. with PE 4 only. Narmally in worst
condition also PE will at 8. But Now PE is only 4.
See bseindia.com for delivery positions for the last 10 Days. Daily
80% delivery.
Last yearResults was good Net Profit was 5.8 Crores. For Doller
value down Margines only 13% for Quarter Jan-March 2008. At that
time Doller value was 39/-. Now Doller was 43.25/-
But Now Doller trading at 43.25/-, This will effects current
quarter. Margins will zoom to 30% i.e Netprofits for this quarter
was nearly 2.5 Crores Annual EPS is 6.5/-, if you calculate Annaual
EPS was 6.5 based on this PE was only 4. if take PE minimum 8 It
will come 52/-. This company is developing Products. Normally
Product developing company minimum PE was more than 10. So risk free
at current rate at 23/-.
If you have already buy some more make average. This is company is
doing very very good. Slowly grab this stock. Fundamental is very
very good. Global cues and Market worst is over. Don't Sell if you
have Virinchi Technologies equities. Stay Invest and wait up to 45/-
minimum.

VIRINCHI TECHNOLOGIES Ltd ; at 23/- (Annual EPS is 6.5/- above
Expecting for 2008-09) PE only 4. VIRINCHI TECHNOLOGIES is PRODUCT
developing company. If we take  PE 10 It will come 65/-. Now markets
are week. So If we take PE 8 It will touch 52/- minimum before 1st
quarter Results declaring (One months time). Book Value also good.
Good fundamental. Very Very less risk at present rate. SO hurry Buy
at current level at 23/-.
  VIRINCHI TECHNOLOGIES Ltd Equity was 14 Crores. Company Annonced
normal results for the jan-march quarter because doller value 39/-.
Now Dollar value was 43/-. This quarter and year expecting good
results, Moreover Company releasing good Product soon, this income
will effects for this year. And  company planning to issue GDR's at
45/-. So Annual EPS is coming around 6.5/- for 2008-09. Company
Expanding more and more.
"Virinchi Technologies Ltd, a Hyderabad based software products &
Solutions Company has announced opening of its third development
facility in Secunderabad. The new facility can accommodate 175
knowledge workers and with this facility addition, the total
software development capacity of Virinchi would be around 450 seats.
The new facility with state-of-the-art infrastructure will primarily
focus on new product development and customer support operations for
its micro lending product range.
VIRINCHI TECHNOLOGIES Ltd ., Planning to Issue of ADR's, GDR's &
FCCB's to the tune of US $ 20 million. Issue at 45/- as per the
company sources based on the product value and ranges. Shortly
company releasing good product soon. Company circle peoples are
accumulating equities at from 21 to 23/-

All of above good news current price (23/-) is very very cheep.
See VIRINCHI TECHNOLOGIES Ltd  EQUITY VALUE (Per share value) : 45/-
original value as per financial results (6.5 EPS annulised) + and
Products value etc., 15/- per share.
So Total Value of this company Share value was Rs.60/-. Just Imagine
company share price where to going in this year……
Just Buy at 23/- Hold 1 to 6 months time. You will get minimum 50%
to 200% returns.
  Enter current price at 23/-
Target 35/- 44/- 65/- .
Just invest and get 50% to 200% profit.

  Happy Investing.
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