Saturday, May 22, 2010

CMP / Reco Price : 480
Target : 800
Time Span : 1 year

Educomp Solutions Ltd. sets up and runs computer education programs in schools. The Company also trains teachers, students and parents, sets up Internet campuses for educational institutions, and markets educational compact disks and toys.
Education sector is almost a monopoly with just Educomp and Everonn, Educomp being the more established. Educomp has corrected heavily in this market correction (Greek crisis). Its trading at amazingly cheap levels for a stock which has grown 16 fold in profits and revenues, in the last 5 years. The growth is on track for the next 5 years as well. It has good support at 450 to 460 Levels. Start buying this counter below 500 and hold forever.