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Stock market crash gives an opportunity to buy quality Indian stock at throw away price

Posted By On 7:28 PM Under

1. This stock market crash is providing an opportunity to buy quality stocks which one could not have had ever dreamt of buying in the bullish market. One such stock is Bartronics which has found mention in this blog in earlier time frame also as this stock is seeing rapid growth by virtue of expansion in retail segment requiring the automatic identification and data capture solutions (AIDC), popularly known as bar codes. The company is seeing strong revenue growth despite prevalent recession and its results speaks for itself with 370 per cent growth in revenues to Rs 120 crore over the corresponding quarter last year.

2. Smart card business is another arena in which Bartronics is expanding commercially and is netting close to 40 Crore in revenues from it. Smart card business is likely to give it more returns in times to come due to strong demand from the telecom, banking and government sectors.

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