Stock market analyst E Mathew has suggested a buy for Zicom Security Systems. The stock has gained over 7.32% percent in today’s trading session.
The company has a good business model and it may soon come out with robust results. The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks.
The stock has seen a 52-week high of Rs 245. At current market price of Rs 211, the stock is trading with a P/E of 31.72. Interested investors can purchase Zicom Security Systems on dips with a stop loss of Rs 182 for a short-term target of Rs 235.