Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Octaware Technologies Ltd. is an information technology (IT) company, which designs, develops and maintains software systems and solutions. It engages in the business of providing information technology solutions to healthcare, education, telecom, oil & gas, real estate and construction, banking and financial services and manufacturing sectors. The company's services include custom software development, enterprise portal, enterprise resource planning and customer relationship management implementation, mobile solutions, radio frequency identification solutions, cloud, security and IT infrastructure, consulting, and geospatial services. Octaware Technologies was founded by Mohammed Aslam Khan in May 26, 2005 and is headquartered in Mumbai, India.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
