CMP : 29

Firstobject Technologies Ltd. offers business, technology and process consulting and services. The Company offers business process management and outsourcing strategies; enterprise resource planning software; and middle and back office support to capital market arms of banks, educational institutions, and manufacturing and service companies.

Firstobject Technologies is a 58 Cr penny cap company. Its fundamentally good with well managed liabilities, healthy NPM of 12% at a P/E of 18. Their Revenues have increased slowly and steadily. More importantly their NPM has also improved. Buy, hold and accumulate on dips of 15%.