ASM Technologies Multibagger 3 years Time Frame

ASM Technologies Multibagger 3 years Time Frame

• ASM Technologies is a Mid Size IT and Engineering company which is operating from Bangalore.
• The Company seems to be growing consistently through both Organic and Inorganic Growth by about 15 % yoy.
• Sales has increased from 62 crores to 110 crores in last 5 years,while the profit has increased from 9 crores to 15 crores in last 5 years.
• EPS per share is pretty consistent and and its around 16.5 for year March 2015.
• The trend is upbeat for the IT Services, Engineering & R&D, Internet & Mobility and Software Products.
• ASM has already embarked into newer technologies in the changing Business Scenario and is consolidating its position as an innovative and nimble organization by offering more services to the existing clients across other geographies and in the process acquiring new clients.
• Generally Company enters a client with there Engineering capabilities which is companies core strength and slowly pitch in to IT Services. This is why company has been able to grow consistently and steadily in last 5 years.
• Company has consistently paid dividends for the past 5 years consistently and rewarding there Shareholders.
• One can invest in this stock and wait for 2 to 3 years and double there investments.