There are many stocks in the stock
market that have given bumper returns to their investments in a very short
period of time. Datamatics Global Services is one of them. In the last 12
months, the company's stock has given investors a 290 percent return.
Just a year ago today, on June 22, 2020, the company's share
price was Rs 48.20. Which has reached Rs 189.90 today. This means that
investors have got a good return of 290 per cent. The Sensex has returned 51
per cent during the period. If you had invested Rs 1 lakh in this stock on June
22, 2020, today it is worth around Rs 4 lakh.
Datamatics is a global technology, BPM and digital solutions
company. Which suggests solutions to productivity and experience solutions for
data-based businesses.
Over the last quarter, the company has focused on improving
its EBITDA margin and after-tax profit (PAT). Which benefited the company in
the form of better valuation. As of March 2021, the company has a cash and
liquid investment of Rs 254 crore. Also, a dividend payout policy can work well
for investors.
The company recently announced that the 49.50 per cent stake
in Cybercom Datamatics Information Solutions from Cybercom Group AB will now be
completed in one or more phases on or before September 30, 2021.
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