YBRANT DIGITAL @ CMP 53.60
Ybrant Digital is in the Computers – Software Medium/Small sector. The
current market capitalization stands at Rs 2,552.71 crore. It is a 2.0 face value stock with P/E of 10.52 and industry P/E of 23 and trading at about 4 times its book value. Ybrant Digital Limited is the new-age digital media company offering
Digital Marketing solutions to businesses, agencies, and online
publishers worldwide. Ybrant’s digital-channel solutions, flexible and
scalable platforms, coupled with massive local presence, enable
targeting the right audience for advertisers, delivering the appropriate
messages and better monetization for content owners. Ybrant Digital owns proprietary media such as Lycos, Gamesville,
getMedia in Latin America and several travel websites in Australia.With Prime minister Modi ji going for digitization, this stock has boosted up a lot from Rs.15.00 to 53. A lot more juice is remaining and this seems a fruitful buy.
It is suggested to buy at CMP as a positive upside waits for the stock.
Note : Author is personally intending buying 150 shares.