Overview

Raminfo Limited is a prominent provider of IT-enabled services, focusing on diverse fields such as e-governance, fintech, healthcare, and energy solutions. The company recently secured a major order, which is expected to boost its revenue and expand its market influence.

Recent Order Win

In a strategic advancement, Raminfo Limited’s subsidiary, Modem MVUS Services Private Limited, won a contract worth ₹289 crores to manage 271 Mobile Veterinary Units for the Rajasthan Government. This achievement underlines Raminfo’s expertise in delivering custom IT solutions for government projects, reinforcing its position as a dependable partner in the public sector.

Industry Focus and Contributions

Raminfo Limited is active in several sectors, each showcasing its unique strengths.

E-Governance

E-governance services contributed a notable 81% of Raminfo’s revenue in FY21. The company supports improved public services and government efficiency, such as facilitating financial and health services for over 1.3 crore employees in West Bengal.

Fintech

In the fintech sector, Raminfo provides high-performance banking platforms to over 200 branches. With the capacity to process over 2 million transactions daily, Raminfo demonstrates strong capabilities in financial technology.

Healthcare

Raminfo collaborates with health tech companies to deliver healthcare solutions that include teleconsultation and health record management, enhancing patient services and healthcare accessibility.

Energy Solutions

Raminfo also prioritizes sustainable energy initiatives. Its street light monitoring systems and energy-efficient products reflect a strong commitment to eco-friendly practices.

Strategic Partnerships and Future Growth

To expand its services, Raminfo partners with industry leaders like Microsoft, Oracle, and Cisco. Additionally, the company is exploring emerging sectors such as agriculture and logistics, aiming to create niche solutions that fuel future growth.

Kisan Drones Initiative

Raminfo has launched Kisan Drones Private Limited to transform Indian agriculture. Through plans to open over 100 stores across states in the coming two years, this initiative aims to support farmers with advanced drone technology for precise farming, enhancing productivity and supporting local businesses.

Investment Potential

With a current stock price of ₹104, Raminfo Limited presents a promising investment option. Market analysts suggest accumulating shares at this price, with potential price targets of ₹140, ₹160, ₹180, ₹200, ₹250, and beyond in the next 1-3 years.

Conclusion

Raminfo Limited is well-positioned for growth with its innovative solutions, broad sector focus, and strong government partnerships. As the company expands and enters new sectors, it may appeal to investors looking for a compelling portfolio addition.

Disclaimer:

The information in this article is for informational purposes only and does not constitute financial or investment advice. Readers should conduct their own research and consult a financial advisor before making any investment decisions. Raminfo Limited’s stock performance is subject to market risks, and past performance does not guarantee future results. The author and website are not responsible for any investment losses based on this article.

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Recent Order Win : Raminfo Limited Announces Kisan Drones Pvt Ltd: Launching 100+ Stores Across India in Two Years