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3i Infotech and its turnaround story

Discussion in 'Fundamental Analysis' started by basantv2011, Jun 20, 2021.

  1. basantv2011

    basantv2011 New Member

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    Hi Shabbir,
    Can you provide insights about the fundamentals of 3i Infotech? Is it good to invest above CMP 10? Is there any turnaround story cooking?

    I could see that they have profit of 444cr in FY ending March 2021 from other income but failed to uncover the source of income. Can you please throw some light on it?
     
    basantv2011, Jun 20, 2021
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  2. shabbir

    shabbir Administrator Staff Member

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    I don't track this stock and so won't be able to comment on it. I don't believe in turn around stories and is never up for it. Be it yes bank, Voda idea or any other company. Let there be a turn around and be profitable for 3 to 5 years. Then we should be able to understand how the revenue and profit will consistently grow before I can consider it.

    Isn't that enough to pass it?
     
    shabbir, Jun 21, 2021
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