Are you crazy to get the best 5 penny stocks of it sector? so you have come to the right article where you may get proper-analyzed penny stocks.
At the moment of analysis, we tried to analyze by the technical analysis & fundamental analysis and after that, we presented these penny stocks.
I expected that after reading this article it can be very helpful, by which you could make a good investment.
Best 5 penny stocks of it sector
As you know very well that penny stocks are those stocks that trade at a price of under Rs.10, and that have low strengths & company essentials.
But, we have analyzed the best 5 penny stocks of it a sector that trades under Rs.200, and It has good strengths and future growth.
As you are searching for the best it sector penny stock that has been discussed just ahead.
1. 3I Infotech Ltd
Just as important in this part I am going to talk about the company and its services which are more important to know.
About 3I Infotech Ltd
3I Infotech Ltd was founded as ICICI infotech ltd. It is an Indian information technology company, it was listed on the NSE on 01 April 2005.
The company gives software it and business processes for various industries like capital, banking, markets, mutual fund, etc. Operated by Mr. Thompson P. Gnanam.
3I Infotech Ltd Fundamental Analysis
Accordingly, the fundamental analysis we have mentioned in this table is the market cap, debt, and market value.
| Fundamental Terms | Explanation |
|---|---|
| Current Share Price | As of the date of 04, September 2022 3i infotech share price is trending at Rs.47.55. |
| Market Cap | The current market cap of this share as of September 04, 2022, is Rs.0. |
| Price To Earnings Ratio | At present, the P/E ratio of 3i info ltd is 0. |
| Enterprises Value | The current enterprise’s value is Rs.0. |
| EV/EBITDA | Its EV/EBITDA is 14.19. |
| Current Cash | The current cash of the company is Rs.0. |
| Total Debt | It is factually debt free. |
| Sales Growth | Sales growth over the session of this share is 0%. |
| Profit Growth | It has a profit growth of 0%. |
As the data given in this table is lower than other penny stocks of it sector, but 3i infotech ltd is a debt-free company.
2. ABM Knowledgeware Ltd
Now, we will talk about ABM Knowledgeware, its business model, and more additional points about it.
About ABM Knowledgeware Ltd
It is one of the best it software and services companies in India with a focus on e-governance since 1998. It also works for category leader municipality blocks.
ABM Knowledgeware Ltd has attained adorable success in its niche domains inspired by the growthful focus of Indian states. Its mission is to provide customers the better value by continuously building techno function capabilities, similar to HCL Tech.
ABM Knowledgeware Ltd Fundamental Analysis
If you just want to know the fundamental analysis of this penny stock, that has mentioned in this table.
| Fundamental Terms | Explanation |
|---|---|
| Current Share Price | The ABM’s current price is Rs.89. |
| Market Cap | The present market cap of this stock is Rs.180.72 Cr. |
| Price To Earnings Ratio | The current P/E ratio of ABM is 13.97. |
| Enterprises Value | The enterprises’ value of ABM is Rs.128.52 Cr. |
| EV/EBITDA | Its EV/EBITDA is 8.28. |
| Current Cash | The actual cash of the company is Rs.52.20 Cr. |
| Total Debt | It has total debt of Rs.0. |
| Sales Growth | Sales growth over the session of ABM is 22.21%. |
| Profit Growth | It has an aggressive profit growth of 27.93%. |
As discussed about the fundamental analysis in which its market cap is highly maintained compared with other weak penny stocks.
3. ACE Software Exports Ltd
Here, we will know about Ace software exports ltd, its business structure, and fundamental analysis which is more important to learn.
About ACE Software Exports Ltd
It was built in the year 1994 and it is effective in catering to the outsourcing needs of publishers & other companies. Ace software exports ltd is operated by Mr. Vikram Sanghani and Sanjay Dhamsania.
The company engaged in document management, e-publishing, optimal process engineering, etc. It has always been a profitable and growth-oriented company.
ACE Software Exports Ltd Fundamental Analysis
Now, again we are going to consider its fundamental analysis which is mentioned below.
| Fundamental Terms | Explanation |
|---|---|
| Current Share Price | The current price of this share is Rs.18.70. |
| Market Cap | The current market cap of Ace software exports ltd is Rs.8.78 Cr. |
| Price To Earnings Ratio | The P/E ratio of this stock is 0. |
| Enterprises Value | The current enterprise’s value of the Ace is Rs.8.27 Cr. |
| EV/EBITDA | Its EV/EBITDA is -147.18. |
| Current Cash | The present cash of the company is Rs.0.52 Cr. |
| Total Debt | It has total debt of Rs.0.01 Cr. |
| Sales Growth | Sales growth of the Ace software is 23.38%. |
| Profit Growth | The company’s profit growth of 66.15%. |
Comparatively, the Ace market cap is innovative and it is a good metric that it has minimum debt.
4. Ajel Ltd
In this object, we are going to know about Ajel ltd, products, services, fundamental analysis, etc.
About Ajel Ltd
Ajel ltd was incorporated in the year 1994. It has situated in Mumbai, with courier centers. The company’s whole-time director is Mr. Narendra Parupalli.
It is a software company that provides information technology services for agile businesses such as information management, enterprise solution, and business technology solution, know about Wipro Ltd.
Ajel Ltd Fundamental Analysis
If you want to know the company’s fundamental analysis so please look at the table and know about it.
| Fundamental Terms | Explanation |
|---|---|
| Current Share Price | The trending share price of this share is Rs.9.12. |
| Market Cap | The Ajel market cap is Rs.10.62 Cr. |
| Price To Earnings Ratio | It has a P/E ratio of is 0. |
| Enterprises Value | The enterprise’s value of this company is Rs.12.69 Cr. |
| EV/EBITDA | Its EV/EBITDA is -84.93. |
| Current Cash | Total cash of it is Rs.0.12 Cr. |
| Total Debt | It has total debt of Rs.2.18 Cr. |
| Sales Growth | It has a sales growth of -18.08%. |
| Profit Growth | Profit growth of it is 10.51% |
When we go through the company’s fundamental analysis, Ajel ltd is fundamentally well maintained.
5. Ceinsys Tech Ltd
Lets, we will talk about the company and a full analysis of this share that is explained one by one ahead.
About Ceinsys Tech Ltd
Ceinsys tech ltd is a technology-operated company that specializes in enterprises and engineering services. Its chief executive officer is Mr. Prashant Kamat and the managing director is Dr. Abhay Kimmmatkar.
It has different interests in the area of basic and professional education, banking, infrastructure, IT, textile power, etc.
Ceinsys Tech Ltd Fundamental Analysis
As you can see in the chart we have included the major fundamental points of this share like market cap, cash, sales growth, etc.
| Fundamental Terms | Explanation |
|---|---|
| Current Share Price | Its share price is Rs.177.90. |
| Market Cap | The valuable market cap of this share is Rs.265.27 Cr. |
| Price To Earnings Ratio | The P/E ratio of Ceinsys tech ltd is 52.97. |
| Enterprises Value | The enterprise value of this company is Rs.342.24 Cr. |
| EV/EBITDA | Ceinsys tech EV/EBITDA is 17.53. |
| Current Cash | It has total cash of Rs.9.68 Cr. |
| Total Debt | It has total debt of Rs.86.65 Cr. |
| Sales Growth | Sales growth over the session of Ceinsys tech is -6.15%. |
| Profit Growth | The Company has a resourceful profit growth of -88.97%. |
The data given in the chart its sales and profit growth are not good but, technically the share price can grow as Arvind Ltd.
Q. Which penny stocks will grow in 2023?
Ans. Vikas lifecare Ltd, Radhe developments ltd, and Vishwaraj sugar ltd will grow in 2023.
Q. Which are the best penny stocks of it sector?
Ans. Alok industries ltd, Ceinsys tech ltd, and Ajel ltd are the best penny stocks of it sector.
Conclusion
In this article, we knew the full analysis of the best 5 penny stocks of it sector in which we tried to cover about the company, business model, future growth, and developments by technically & fundamentally, here we hope you can learn more about these penny stocks.
If you want to see more like this article so please asap share name and regard queries in the comment section and stay with us.
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