Tuesday, February 20, 2007

Buy Zicom Electronics for decent gains


Current price: 202
One year Target : 400
Long Term : Multibagger


You can buy Zicom Security Systems. They have entered the retail and personal market, which is about a Rs 700 crore market. According to their research, this market is set to expand to Rs 2500 crore by 2008. This is the first company in the organised sector to enter this market.
Looking @ the security concerns in public places, Indian central & state governments are going to go fast on electronic security on mass scale. Zicom is market leader in electronic security, it has come with retail products, caters to private organisations. However the need for security in public places all across India is going to drive volumes. Buy & hold for a multibagger........

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