Multibagger stock Ceinsys Tech shares target price – From Rs 80 to Rs 1,580! multibagger IT stock plans for global expansion; check target price
Shares of Multibagger IT stock Ceinsys Tech Ltd have come under the radar of brokerage firms, who mostly remain positive on the Indian geospatial industry. The company is eyeing for global expansion to drive future growth. They have seen up to 65 per cent upside potential in the counter in the next one year.
Ceinsys has 2 main segments which are geospatial and automotive engineering. Geospatial refers to the work which goes behind things like google maps, drone capture, satellite imagery, and more, while automotive refers mainly to design work for top notch auto clients globally. Ceinsys’ one of the biggest clients is General Motors and it is working as a direct supplier for most clients.
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