Stock of Interest

Posted On: October 19, 2023

#DATAMATICS (NSE) Stock Report | 18 Oct 2023

Datamatics Global Services Ltd is an Information technology(IT) company. The company operates in three segments: Digital Operations, Digital Experiences, Digital Technologies. The company offers Robotic Process Automation, Artificial Intelligence, Machine Learning, Hyperautomation, cloud solutions, Internet of Things (IoT), Consulting, and other solutions. Some of its products include TruBot, TruCap+, iPM, Trade Finance, TruBI, and TruAI. The company offers its services to different industries such as Banking & Financial Services, Publishing, Healthcare, Insurance, Transportation, Retail & E-Commerce, and others. Its geographical segments include the United States, UK and Europe, and the Rest of the World. The company generates the majority of its revenue from USA.

#xCalData predicts that # DATAMATICS will continue its bullish phase over the next five days and trend within the range of 534 to 676.

In comparison to the previous month, the price of the stock has experienced an increase of 4.25% indicating a bullish.

The Stock has doubled thrice since 07 Sep 2015 and took an average of 2.6 years to double.

The stock has shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 4 years in the past.

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely NVI indicate Bearish view.

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play.

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData