In June 2009 quarter results the netr profit was Rs.0.53 crores and Ib Sep 2009 quarter results the net profit was Rs.2.27 crores which is a jump of more than 425% increase in profits.
This is without the RS.72 crores gained from the sale of their subsidiary in the US,which is expected to be added in the next quarter results.
At current market price Megasoft is really undervalued...
I recommend investors to accumulate at current levels for a target of Rs.80............
Hi All, check in NSE india website..i think world investor point of 227 crores for the quarter is correct. Also EPS has improved from .12 to .52....nearly 5 times...i think not bad...now we should multiply 5 times fromt he current price to new high...looks like 80 is the target..i think many has not looked into it but just saw the loss which was reported..dont know from where...Buy Buy Buy Buy
Fortune favors the Brave! All the numbers looks +ve for the future..the company is performing on the ground..I agree with "World Investor" on his piece of research on Megasoft. It`s definitely a BUY...
| NIFTY 
