Nexxoft Infotel Ltd. (NIL) is a leading manufacturing solutions company focused on enabling materials handling efficiency, supplier and customer collaboration, and increased demand planning accuracy. Today, manufacturers around the world face global competition and need to update their businesses to compete effectively. Accordingly, NIL’s solutions are targeted to serve this important need. Its mission is to help manufacturers excel in their business by providing them with state-of-the-art enterprise software solutions that dramatically improve their performance while bringing them closer to their customers and suppliers. NIL started in 1991 as a manufacturer of industrial valve systems. In 2000, it changed its mission to developing advanced software systems for the Indian and US markets. Today, it capitalises on its manufacturing heritage to provide advanced manufacturing technology solutions for its clients.
Investors can buy this stock with a stop loss of Rs.16. On the upper side, the stock will zoom to Rs.23.75 level in the short-term and will go up to Rs.27 level in the medium-term.
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