Want to cash in on demonetization in India? these stocks can give you handsome returns in coming years.
1. TVS Electronics (CMP 180, Target 400, Investment time horizon - 3years)
1. TVS Electronics (CMP 180, Target 400, Investment time horizon - 3years)
- TVS electronic is a pure electronics payment play. The Company specializes in swipe machines, POS terminals.
- Company has very less debt (debt to equity ratio= 0.09).
- with digital payment push by the Govt. company can leverage its product and cash in sales volume.
- below is a snapshot of company's last quarter result.
2. Quick Heal Technologies(CMP 251, Target 500+, Time horizon - 3 yrs)
- Quick heal is a pure antivirus play for laptops and mobiles.
- with the surge in smartphone sales and govt push make digital payment, this company has huge potential to cash in on security aspects of transactions.
- This company is zero debt company.
- impressive P/E ratio
- below is a snapshot of quarterly result
3. RS Software(CMP 108, Target 200, time horizon - 3 years)
- RS Software is a pure electronics payment play. The Company has proven record of working with Visa for payment interface solution.
- Govt push to create millions of POS terminals gives a huge opportunity to RS Software to cash in digital payments.
- Impressive books, zero debt.
- below is a snapshot of quarterly results
4. Nucleus Software(CMP 245, Target 500, Time horizon - 3 years)
- world's first company to develop offline payment system.
- Think about the potential this company has when all the new digital wallet players start to introduce offline payment solution.
- zero debt company.
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