Persistent Systems – An innovation led Company is 25 yrs old run and managed by Anand Deshpande – a smart and a visionary leader. Its engaged in SMAC and enterprise digital transformation basically riding on value migration in IT industry. IT industry and especially the niche area it expertise in is a big scale opportunity. If you go through company 25 yr history you will find that many terms in IT industry like outsourced product development, cloud, analytics , social and mobility are coined by persistent systems much before Gartner did it and now enterprise digital transformation is the term they have come up with. Its ROE, ROCE, Profit margins, Debt free status are all decent over 10 yr period. Regular dividend paying company. Go through CLSA report or company’s website to understand more about it. I bought it at 404 cum bonus means 202 after bonus almost 2.5 yrs back.
Rallis India – Food security is a big theme – Value migration towards hybrid seed business, tata group company and RJ confidence, consistent ROE above 20% even in bad quarters and years, recently launched new varieties of hybrid corn and paddy, acquisition of Metahlix and turning it around, Market leader in many products in pesticides, herbicides etc after Bayer and Syngenta.
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