An Ahmedabad-based equity analyst favours Zylog Systems, an IT and software company. It has reported a net profit of Rs. 94.02 crore on a turnover of Rs. 1013.97 crore for the first half of the current fiscal against a net profit of Rs. 72.80 crore on a turnover of Rs. 937.85 crore for the corresponding period last year. For the entire 2010-11, it had posted a net profit of Rs. 145.15 crore on a turnover of Rs. 1915.68 crore. Moreover, free reserves of Rs. 788 crore against the equity capital of Rs. 16.45 crore make the stock a bonus candidate.
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