3i has rather low presence in the US market which in current scenario is been proved to be boon in disguise as it is not highly vulnerable to rupee appreciation.
It generates revenues from India, Europe, US , Middle East and Africa & has more concentration in the Indian market. The domestic revenue of the company is almost 35% of its total revenues.
3i also have diversified products in the kitty for various sectors across the globe.
Technical Analysis:
There is a positive divergence between price & MACD as shown in chart below, which indicates underlying bullishness in the script.
Readers can draw their own conclusion about the promise and potential.
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Disclosure: I may have position in above said stocks for myself/ family members / friends.
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