CMP: 184


Polaris Software Lab Limited provides software services and solutions to a variety of multinational clients. The Company provides its services to companies in the banking and financial industry, which specialize in retail banking, credit cards, insurance, risk management, investment banking and a variety of telecom related activities.

Polaris Software lab is a yet another excellent IT mid-cap stock. The company has stable and consistent revenue flow doubling over a period of 5 years. More importantly bottom-line (PAT) has grown 10 fold in the same period powered by significant rise in NPM. NPM has grown from 2% to over 12% in the 5 year span. This makes this a very good bet in years to come. Its a good dividend yielding stock with little less than 2% yield in the last 12 months with minimal liabilities. Buy, Accumulate on dips and hold for long term gains.