Indian Stock Market

  Sounds funny ?  When I say Best, it is from an Investor's point of view. TCS being the largest, Tata Elxi being Futuristic, Infosys and Wipro having large legacy. Well, 3i Infotech has nothing of them. It has just 3 things which makes it very attractive. (1) Debt free IT company operating in high Margin IT Space. Even though IT Products companies like Amazon, Oracle etc. have more margin, Indian companies are known for their expertise in service sector. Be it TCS, Infosys, Wipro or HCL , they all are having expertise in providing world class IT services. Well what make 3I infotech attractive then ? Well, that's its valuation. This company is now debt free after selling its product business. They will also develop own new products soon in another segment which will not compete with their earlier products. (2) There is ample space of small size IT companies in and outside India. Every company can not afford TCS or Infosys. Large chunk of companies want quality IT products at a...

3i Infotech Ltd  which was established as  ICICI Infotech Ltd  is an  Indian  IT company, started in 1993.  3i Infotech was promoted by  ICICI Bank  but ICICI divested the majority of the shares in March 2002. Since it was started by ICICI, Banking ,Insurance & Asset Managment are the core sectors where they provide their services. They provide ERP and other IT services as well. In 2005, company touched its peak price of 150 + but kept on reducing ever since then specially after 2008 worldwide recession. However, if you look at recent development, this stock is the real hot cake with stock prices daily touching its 5 % upper circuit as following. As shown above, just within a month this stock has been doubled and is increasing in one side upward direction. Even I am trying to grad this stock since last one week but not able to buy a single share.  Reason: Why sudden hype over 3i infotech ? 3i Infotech has entered into definitive agreement...