Zylog Systems

Long Term Buy Call For Zylog Systems

Long Term Buy Call For Zylog SystemsInvestment advisor Chetan Majithia of Crisil Equities has maintained 'buy' rating on Zylog Systems Limited stock with a long target.

According to analyst, the investors can buy the stock to attain a target of Rs 656.

The stock of the company, on April 27, closed at Rs 414.55 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 79.53 and 5.24 respectively.

The share price has seen a 52-week high of Rs 612 and a low of Rs 276.80 on BSE.

Buy Zylog Systems With Traget Of Rs 430

Buy Zylog Systems With Traget Of Rs 430Stock market analyst Parsh Zaveri of Zaveri Investments has maintained 'buy' rating on Zylog Systems Limited stock with a target of Rs 430.

The analyst said that the stock can be purchased with a stop loss of Rs 385.

The stock of the company, on December 27, closed at Rs 403.40 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 612 and a low of Rs 276.80 on BSE.

Current EPS & P/E ratio stood at 73.21 and 5.57 respectively.

Zylog Gets Hold Of Canada-Based Brainhunter

Zylog Gets Hold Of Canada-Based BrainhunterChennai-based Zylog Systems announced that it has bought Canada-based consulting and engineering company Brainhunter for Rs 150 crore (35 million Canadian dollars).

In a declaration, Zylog said that this acquirement is thru the company's creditors arrangement act (CCAA) bidding route where the company came forth as the winner.

During a conference, which held on January 29, the company's directors have given approval to purchase the Canadian firm.

Zylog Systems to spend Rs 210 crore on Wi-Fi infrastructure

Zylog Systems to spend Rs 210 crore on Wi-Fi infrastructure

Chennai-based Zylog Systems has decided to invest Rs 210 crore on Wi-Fi infrastructure for providing wireless broadband and Voice over Internet Protocol (VoIP).

The company has already launched Wi-Fi services in Chennai and looking at Tier II and III cities for expanding its service network. The company is expecting revenue of Rs 550 crore from the Wi-Fi space in the next five years.

At present, Zylog offers VoIP in Tamil Nadu, Gujarat and Punjab and would soon launch similar services in Hyderabad, Bangalore, Mumbai and Pune.

Zylog Systems forays ‘ISP business’; launches Wi5 in Chennai

Zylog Systems forays ‘ISP business’; launches Wi5 in Chennai India Limited, a leading global software solution and services provider, has announced the launch of "Wi5" wireless broadband services in Chennai.

With this launch, Zylog enters the ISP business in the country and has obtained a category 'A' internet service provider license to operate in all of India's DoT circles.

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