Short Term Buy Call For Zicom Security Systems

ZicomStock 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.

The company has also launched high-tech biometric locks `Zicom Fingerprint Locks` on Dec 8.                                          

Zicom Fingerprint Locks are available in 2 categories – Fingerprint Executive Lock and Fingerprint Premium Lock at the Zicom retail outlets across the country.

Bharat Elec, Asian Electroni and ECE Industries are some stocks from the same sector, which looks brilliant for short term trading.

Analyst Views: