Majesco Ltd
MAJESCO

360.10

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Day's Vol.(shares)

360.00

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Reco. Price
Rs 358.00
We recommend BUY on the stock on account of strong revenue visibility from IBM-Majesco partnership. Further, cloud business is expected to aid revenue growth. The stock is trading at 17.6x P/E of FY19E earnings. (Target Price - Rs. 410)
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50 DMA (.)
357.78
100 DMA (.)
373.96
200 DMA (.)
419.46
Weekly Range (.)
354.00
383.60
Monthly Range (.)
331.00
410.00
52 Weeks Range (.)
331.00
607.00
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