Intense Technologies Multibagger Story To Be Unfold?

Intense Technologies 1

Intense Technologies
BSE: 532326 | ISIN: INE781A01025 | SECTOR: COMPUTERS – SOFTWARE MEDIUM & SMALL
CMP: 189.35 at BSE

Intense Technologies Multibagger candidate as it has been named as hot emerging business technology vendor. Many research firms gladly published Intense Technologies Limited in their report titled “Hot emerging Indian Business Technology Vendors to Watch in coming days”.

Intense Technologies Ltd (ITL) is mainly in digital transformation space. ITL is the industry leader in Indian Telecom document management and customer communication products. Their flagship platform UniServe helps companies to digitize various sides of customer handling starting from client acquisition, having client insights, engaging them through various digital channels, delivering top of the world experience. In Financial Year 2016, Asia-Pacific added fifty seven percent of revenue as well as Europe and Middle East (forty two percent). Total revenue for ITR grew at a CAGR of twenty one percent over FY 2012-2016.

Today I called one of my good old HNI investor friend and he gave me the insights in a small telephonic interview. His team has thoroughly checked the balance sheet and profit and loss account of the company and recommends a BUY rating for the stock. He recommended a price target of Rs. 2000 in the coming years.

Technically Analysing Intense Technologies Multibagger Opportunity:
Intense Technologies Multibagger
I have given a close look at the monthly charts of Intense Technologies Ltd. The stock is having a dream run in the last 3 months. Last SuperTrend buy signal has come in the month of October 2016 and since then the stock is really having a dream run. The stock has good base around 80 mark and once it crossed that zone the price has doubled.

In the current valuation the stock is looking a bit over heated as the stochastics oscillator has reached in the overbought zone in the monthly charts. So new entries should be in limited quantities for the time being and investors should look for a decent dip in the stock price. We recommend this stock a BUY in every dips. Really Intense Technologies multibagger story looks pretty realistic.

Do Not Take Your Next Trade Until You Read This Free Ebook..
Profit Making With ICHIMOKU CLOUDS

Read this free ebook to learn...

  • How I made over Rs. 10,00,000 profits in a couple of months.
  • The types of indicators that got me all that profits.
  • How to get my trades copied for you!

Author Bio

Indrajit Mukherjee

Indrajit is a professional blogger and trading system developer. Amibroker expert, Wordpress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.

6 thoughts on “Intense Technologies Multibagger Story To Be Unfold?”

  1. Hello Indrajit,
    Nice to see information regarding Intense tech. Stock. Do I think the target of RS. 2000 given, is realistic, if so is there any logic behind it.
    Regards
    Nilesh B.

    1. Nilesh, actually this post has been written on basis of an interview with one of my good old friends and an HNI investor. The target he derived is as per the fundamentals, order prospects and insider stories on the actual financial papers.

  2. Hi indrajit, Intense is falling badly. Is there at cause of concern or a temporary downtrend. Kindly check with ur HNI friend and help us decide.

Leave a Reply