Results declared by large Indian IT companies have filtered through to investors who brought a stock market rally to a pause last week. Brokerages are re-rating Indian infotech counters while giant tech companies are leading a global run-up in equities.

IT slumps, but no need to get glum

Indian Infotech Standalone June 2023 Net Sales at Rs 4.90 crore, up 113.04% Y-o-Y

With a market valuation of ₹240.83 Cr, Indian Infotech Software Ltd. is a small-cap company that operates in the financial services industry.

Multibagger penny stock rises 1163% in 3 years, Board declares rights issue

Indian Infotech Standalone September 2022 Net Sales at Rs 2.30 crore, up 2.22% Y-o-Y

Indian Infotech and Software standalone net profit declines 9.35% in the September 2022 quarter

Capital markets regulator Sebi on Wednesday imposed penalties totalling Rs 23 lakh on 3 individuals in a case related to misrepresentation in the financial details of Indian Infotech and Software Ltd

Sebi slaps Rs 23 lakh penalty on 3 people for misrepresentation of funds

Indian Infotech Standalone March 2022 Net Sales at Rs 48.64 crore, up 51.39% Y-o-Y

Board of Indian Infotech and Software approves foray into retail loan business

Indian Infotech Standalone December 2020 Net Sales At Rs 3.00 Crore, Up 6.67% Y-o-Y

BRIEF-Indian Infotech And Software To Consider Raising Up To 2.5 Billion Rupees

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Indian Infotech & Software is a non banking financial company and principle business activity of the company is finance and loan