COMPANY NAME- ALLSEC TECHNOLOGIES

RECOMMENDATION- BUY
PRICE TARGET- 80

COMPANY BASIC INFORMATION

ISIN Id – INE835G01018
BSE Id – 532633
NSE Id – ALLSEC
INDUSTRY Software Medium/Small
Market Cap – 66.36
Book Value – 94.21
EPS (TTM) -
Price/Book – 0.46
Face Value – 10.00
P/E -
Div(%) – 0.00
Industry P/E – 18.26
P/C – 32.74
Div Yield (%) -

STOCK PRICE HISTORY (NSE)

All Time High – 373.85
All Time Low – 16.25
52 Week High – 50.40
52 Week Low – 29.20

WEEKLY CHART:

Recommendation-

The stock is forming a major base after having seen a long decline from 370 levels to 17 levels. The stock is now trading well above its 200 DMA which is at 30 levels. Interestingly the counter is forming an Inverted Head and Shoulder (Kilroy Bottom) price Pattern and the volumes are also showing a surge on the rallies. The stock is looking a very good and is therefore recommended a Buy around 38-40 Stop Loss below 30 for a minimum price target of 80 within 3 months.