Concurrent India Infrastructure

**mani.buzzingstocks** · 07-03-2010 02:38 AM

Wednesday, April 21, 2010
http://www.buzzingstocktips.com/2010...structure.html

CMP / Reco Price : 23.65

Concurrent (India) Infrastructure Ltd. offers real estate development services. The Company offers engineering, project management, and infrastructure installation services.
This is a big time turnaround ! The company was a software company before (Kushagro Software). It got merged with a infrastructure company and renamed to "Concurrent India infrastructure". CEO changed and they bagged orders worth 1400 Crs to be executed in the next 3 - 5 years. They target a margin of 10% which should result in 140 Crs profit. Their FY11 turnaround is expected to be over 200 Crs with profits over 20 Crs.
Assuming a FY11 P/E of 15 for this company, the stock price should rise to 70 Rs by 2011. Their debt is 0.
PS: Their latest Q4 2009 Profits have justified the order book they have by making profits close to 5 Cr for the quarter.

Update: Concurrent was one bad call really. Promoter trust and confidence has gone. Kindly stay away.

**Srigopal Bhattad** · 07-05-2010 08:20 AM

any short term target ?

**rmani84** · 07-05-2010 05:35 PM

Q1 results are expected in next 2 - 3 weeks ! If they are as good as last time, its going to rally again. Good time to accumulate till then

**asterixobelix** · 07-23-2010 10:14 AM

is it the right time to enter this stock? at what price can i enter?

**rmani84** · 07-23-2010 06:09 PM

Originally Posted by asterixobelix

is it the right time to enter this stock? at what price can i enter?

Yes ... Buy Before Q1 results are announced !

**rmani84** · 07-24-2010 03:27 PM

Concurrent Q1 Results are out ... Revenues at 55 Cr and Net profits up at 6.4 Cr ... Its well and truly on its journey of Multi-bagger

**asterixobelix** · 09-24-2010 09:33 AM

hi mani,

Are we still bullish on the target? it seems to be losing steam on daily basis.. Can i accumulate more at current price?

**rmani84** · 09-24-2010 01:23 PM

Originally Posted by asterixobelix

hi mani,

Are we still bullish on the target? it seems to be losing steam on daily basis.. Can i accumulate more at current price?

Targets and time frame vary based on speculation and how things unwind ... Its a small company which transformed from software to infrastructure by new management ... So far results have been above expectations ... Some bad news have brought the stock down ...

The management bought rights @ 15 Rs last year and 20 shd form a good support ... Buying on dips is good ... But dont expose urself more than 20% on any single stock ... Thats risky

**Carroll** · 12-15-2010 12:23 PM

Very useful information...... It will help me in future for business purpose .
Nice sharing .tucson apartment guide

Concurrent India Infrastructure - Multi bagger

Concurrent India Infrastructure - Multi bagger

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