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May 16, 2010

Valuemart Info technologies Ltd 532338

 

 

Name of Company

Valuemart Info technologies Ltd

BSE Code

532338

NSE Code

 

ICICI Code

Established

1997

My Take

Disike

Headquarters

Bangalore

Promoters

Story

Changed name from GDR software pvt ltd in 1997. Acquired controlling stake in HVO technologies and Datatalk services.

Sector

IT

Sub-sector

Website

http://www.valuemartindia.com/

Positives

News in May 2010 about a $4.5 mi (Rs. 20 Cr) order over 2 years from a UAE company. The market cap itself is only Rs. 20 Cr at Rs. 5.

Negatives

Too much news flow and results seem to be skewed. Such small companies may not last until they have some unique offering or huge discounts. This company has is offering BPO, LPO and CAD work which is very common.

Peers

 

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