Latest broker research reports with buy, sell, hold recommendations along with forecast target prices and upside. Browse thousands of reports and search by company or the broker.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2016-07-14||Geometric Limited +||Dynamic Levels||218.80||250.00||218.80 (20.16%)||Target met||Buy|
|2016-04-02||Geometric Limited +||Karvy||196.10||196.10 (34.06%)|
Geometric announced that the Board of Directors of the Company at its meeting held on Apr 01, 2016 has considered and approved the scheme of arrangement and amalgamation amongst Geometric, HCL Technologies and 3DPLM Software Solutions (3DL). Under the transaction, the entire business of Geometric Ltd will be transferred to HCL Tech by way of demerger, except for its 58% share in the joint venture with Dassault Systmes.
|2016-01-05||Geometric Limited +||Karvy||183.15||208.00||183.15 (43.54%)||Target met||Buy|
The company derives its income mainly from software services and the sale ofsoftware products. Software services contribution to the top line increased from 60% in FY14 to 62% in FY15. Europe continues to be the focus growth market with a positive demand environment particularly for software services.