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Info-Tech Systems has 'strong re-rating potential' following post-IPO drop, says CGSI

The Edge Singapore
The Edge Singapore  • 2 min read
Info-Tech Systems has 'strong re-rating potential' following post-IPO drop, says CGSI
Babu Dilip, CEO of Indo-Tech Systems / Photo: Albert Chua
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CGS International analysts Meghana Kande and Tan Jie Hui have kept their bullish view Info-Tech Systems in the form of an "add" call along with a $1.10 target price.

"We think the stock has strong re-rating potential following its 13% share price drop since its IPO in Jul 2025, as the market begins to appreciate management’s execution," state the analysts in their Jan 21 note.

Info-Tech Systems, the first company to list on the mainboard last year, went IPO at 87 cents. The share price dropped to as low as 76 cents before a rebound up after it announced a positive profit guidance on Jan 21.

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