Glodyne Technoserve Ltd - BUY & Accumulate

[rmani84]

CMP : 499

Glodyne Technoserve Limited provides business process outsourcing and information technology services to a range of industries. The Company provides software services, managed services, and system integration services to the financial, education, manufacturing, telecom, and other industries.

Glodyne Technoserve is a great buy in the IT mid-cap space. Their growth has been rock solid in terms of Revenues, Profit after Tax and NPM. Its currently trading at fair P/E levels of 19.5 and looks attractive in the long run. Although its trading close to 52 wk highs - Buy, Accumulate on every fall of 5% and hold forever.

[rmani84]

Glodyne Tech Q2 net profit up at Rs 39 cr ...

[asterixobelix]

is this a new call for glodyne? or are you updating the one you had given before?

Regards
AO

[swingtrade]

is this a new call for glodyne? or are you updating the one you had given before?

Regards
AO

updating all in one thread. Up to viewers to pick buy point and sell point

[rmani84]

Glodyne spurts as promoters increase holding:
Glodyne Technoserve hits 10% upper circuit, touching the day's high at Rs710.20, after its promoters have increased their holding in the company by acquiring 4.33 lakh equity shares from the open market purchase.

Anand Sarnnaik, CEO of Glodyne Technoserve, informed CNBC-TV18 that the company has recently bought about 4 lakh 32 thousand of its own shares from the open market. “This shows the confidence of that company has in its fundamentals,” he said. The promoter holding in the company is now at 60.7% from the earlier 58.8%.

Time to Buy Guys, Buy fresh or accumulate ! Dont miss it ...

[chait2000]

Hi,
thanks for all your messages! why is glodyne so volatile? I hope you are still bullish on it ;-)

thanks again, best regards
chaitanya

[rmani84]

Hi,
thanks for all your messages! why is glodyne so volatile? I hope you are still bullish on it ;-)

thanks again, best regards
chaitanya

yes, we are still bullish on it. A lot of mid-caps corrected heavily due to some insider trading rumors. Glodyne was going strong @ 1200 levels ... Its a great buying opportunity and it will do well in long run as well

Cheers!

[rmani84]

Glodyne Dividend 42% on face value to be effective tomorrow. Cheers!

4.2 Rs for every glodyne share

[rmani84]

Glodyne on the move again .... Its a gr8 buy in my view ... Corrected from 1200 levels for wrong reasons ... Still holding on to it.

[rmani84]

Glodyne Technoserve to acquire Comat Technologies

Glodyne Technoserve didn’t disclose the value of the deal. The acquisition will be done on a cash basis and there would be no equity dilution for the same, it said.