Bartronics to rise substantially over next 9 to 12 months: Nagpal, Unicon Financial Solutions

Gajendra Nagpal, CEO, Unicon Financial Solutions, in a chat with ET Now talks about Bartronics.

How much further do you believe Bartronics going up and will the upside continue?

I do believe that upside is going to continue because if you look at the bar coding and AIDC technology - for which they provide the end-to-end solution and have approximately 70% of the market share - the market is likely to grow.

They have been getting into international tie-ups for technology. This company has a first mover advantage and is capitalising on that. I do believe that as our domestic consumption story unfolds itself over a period of time, the story of its profitability would continue and I do believe that the stock is going to rise substantially over next 9 to 12 months.