BUY CMS Info Systems share - Price target by Zee Business expert Sandeep Jain | Jain Saab Ke Gems
Stock To Buy: The company has delivered good quarterly results. Jain said that the company had a PAT ( profit after tax) of 42 crores in June 2021 and a PAT of 72 crores in June 2022.
Stock To Buy - BUY CMS Info Systems Ltd. Share Price Target: Market expert and Zee Business panellist Sandeep Jain on Monday recommended BUY for CMS Info Systems Ltd. share to the viewers for bumper profit. In a special edition 'Jain Saab Ke Gems', aired on Zee Business with Managing Editor Anil Singhvi, he said that CMS Info Systems Ltd. could be a good buy with a unique business model.
CMS Info Systems Ltd., a Rs 4,000 crore company is India's leading Cash Management and Payment Solutions company, Jain said.
Talking about the fundamentals of the company, the Tradeswift Director said, the company's return on capital employed (RoCE) is 25-26 % while the return on equity (RoE) is 20%.
जैन सा'ब के GEMS ...
आज CMS Info Systems को क्यों चुना संदीप जैन ने ?
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The profit CAGR has been around 32 % for the past 3 years. Sales CAGR has been 16-17 %, he added.
CMS Info Systems Ltd. Share Price
CMS Info Systems Ltd. Share Price - Rs 271
CMS Info Systems Ltd. Share Price Target - Rs 290/310 (4 to 6 months)
The company has delivered good quarterly results. He said that the company had a PAT ( profit after tax) of 42 crores in June 2021 and a PAT of 72 crores in June 2022.
Promoters hold 63% stake while the FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) hold around 25%, he said.
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