long term delvery call

Type: IT Media & Telecom Stocks Price: Rs 51

More InformationTarget Price: Rs75Time Outline: 12MonthsReason for
Recommendation 1: The scrip is available for a very attractive valuation it has come down considerably given its track record of rewarding its shareholders time and again this scrip is a very good buy and will bounce back. Reason for
Recommendation 2: The company has always been an investor friendly and debt free company.Reason for Recommendation
3: This scrip has a face value of Rs 5 and for FY07 they are likely to reported an EPS of Rs 6 and for FY08 it could be anywhere above Rs 8 .Reason for Recommendation
4: The company has shown consistent growth in top line since its inception.Reason for Recommendation
5: They are providing the networking equipment, Internet access all these are ever growing consumer base one keeps on requiring these equipments in fact the growth in their establishment will always flow-in.Sector Notes/Buoyancy: The sector is expected to boom with demand for internet usage growth.Investment Risk Notes: Concerns as such is that -first, it’s a midcap computer hardware company. Second, if they are not able to exploit their products, which they are due for o launch in FY08, if there is a delay in the launch
.Conclusion: Buy
Company Website: http://www.mro-tek.com/