Allied Digital Services Ltd (NSE: ADSL): The shares of Allied Digital Services Ltd rose around 10% on the last trading day. Shares of the company reached an intraday high of Rs 169.20.
There’s a reason for this surge in shares. The company claimed to have received orders totalling around Rs190 crore for project Taloja Smart Industrial City Solutions project located in Navi Mumbai.
Experts has set a target of First Target ₹200, Second Target ₹271 for this share.
What Are The Specifics?
Following the details of the order, Allied Digital Services will participate in the setting up of the Integrated Command and Control Center (ICCC) located in the township’s industrial site, as well as the headquarters for Maharashtra Industrial Development Corporations.
The company has stated in information provided to stock exchanges that the program will integrate into cloud-based data centers or disaster recovery systems.
It is the MIDC Taloja Smart Industrial City project also involves the installation of the latest CCTV surveillance technology that will improve surveillance and security.
The project will run over 18 months. Following this, there will be maintenance and operation phases lasting 60 years.
14th Order Project
It is the 14th order from the company that is focused on artificial intelligence, technology, machine learning, and so on. In this way company, it hopes to expand its reach in cloud integration and cyber security technology.
In addition, Allied Digital Services said that it will utilize drone-based technology for 3D mapping to create a full Geographic Information System (GIS).
About Allied Digital Services Ltd
Allied Digital is a globally managed IT services provider Master Systems Integrator, and Digital Transformation Architect Allied Digital is well renowned as a top Global IT Transformation Architect, with a proven track record in developing, designing, and deploying complete IT Infrastructure services.
With more than two decades of experience, Allied Digital responsibly delivers cutting-edge IT solutions and services to a variety of industries in 35 countries across five continents.
Our unique capabilities, based on the concept of “3S” (Smart People, Smart Processes, Smart Technology); are the foundation of the most efficient Integrated Service Delivery Framework which constantly enhances our value proposition to our clients, effectively and efficiently.
Being a reliable partner offering diverse capabilities in service and cutting-edge global command centers, Allied Digital helps clients improve their performance and thrive in difficult environments by making smarter IT-related decisions.
Fundamental Analysis of Allied Digital Services Ltd
| Market Cap | ₹ 893 Cr. |
| Current Price | ₹ 161 |
| 52-wk High | ₹ 201 |
| 52-wk Low | ₹ 71.5 |
| Stock P/E | 21.6 |
| Book Value | ₹ 101 |
| Dividend | 0.77 % |
| ROCE | 12.8 % |
| ROE | 10.1 % |
| Face Value | ₹ 5.00 |
| P/B Value | 1.60 |
| OPM | 11.5 % |
| EPS | ₹ -1.05 |
| Debt | ₹ 43.4 Cr. |
| Debt to Equity | 0.08 |
Allied Digital Services Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 200 | ₹ 296 |
| 2025 | ₹ 320 | ₹ 395 |
| 2026 | ₹ 415 | ₹ 505 |
| 2027 | ₹ 609 | ₹ 700 |
| 2028 | ₹ 722 | ₹ 830 |
| 2029 | ₹ 940 | ₹ 1100 |
| 2030 | ₹ 1200 | ₹ 1480 |
Allied Digital Services Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 52.82% |
| Mar 2023 | 52.63% |
| June 2023 | 52.57% |
| Sept 2023 | 52.39% |
| Dec 2023 | 52.26% |
| FII Holding | |
| Dec 2022 | 0.60% |
| Mar 2023 | 0.42% |
| June 2023 | 0.13% |
| Sept 2023 | 0.00 |
| Dec 2023 | 1.08% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.01% |
| Public Holding | |
| Dec 2022 | 46.57% |
| Mar 2023 | 46.94% |
| June 2023 | 47.30% |
| Sept 2023 | 47.61% |
| Dec 2023 | 46.67% |
Allied Digital Services Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 240 Cr |
| 2020 | ₹ 330 Cr |
| 2021 | ₹ 358 Cr |
| 2022 | ₹ 485 Cr |
| 2023 | ₹ 677 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 12 Cr |
| 2020 | ₹ 19 Cr |
| 2021 | ₹ 19 Cr |
| 2022 | ₹ 61 Cr |
| 2023 | ₹ -6 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.15 |
| 2020 | 0.11 |
| 2021 | 0.11 |
| 2022 | 0.08 |
| 2023 | 0.07 |
Last 10 Years’ Profit Growth:
| 10 Years: | 27% |
| 5 Years: | 37% |
| 3 Years: | 41% |
| Current Year: | -32% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 3% |
| 5 Years: | 6% |
| 3 Years: | 8% |
| Last Year: | 10% |
Sales Growth Over 10 Years:
| 10 Years: | 5% |
| 5 Years: | 24% |
| 3 Years: | 26% |
| Current Year: | 4% |
Conclusion
This article is a complete guide about Allied Digital Services Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
