Netsol might be a good stock to buy at its current price of $1.72. Look for it going back up to above $2… Earnings are up, and so is net profit. Netsol’s net profit is about 45% now, up from 38% last year. By any yardstick, thats also a fairly good number. 

Another interesting thing Netsol has done is to get into the “green” business. Its recently revamped product suite, NFS (Netsol Financial suite) now allows for financing/leasing of renewable energy products. This is a niche area and Netsol’s gotten in at the right time.  Given that everyone out there in New York is getting hammered by the global crisis, its good to see the Pakistani software company performing way above and beyond. 

More details on the new upgrades to NFS below :

http://www.yourrenewablenews.com/news_item.php?newsID=12476

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