EM­PHA­SIZ­ING ON PEN­E­TRA­TION

Mpha­sis BSE Code: 526299 CMP: ₹737.55

Dalal Street Investment Journal - - KERBSIDE -

The in­fra­struc­ture tech­nol­ogy and ap­pli­ca­tions out­sourc­ing mid-cap com­pany has more than 60% of its stake held by Mar­ble II PTE. To pen­e­trate into cloud and cog­ni­tive tech­nolo­gies, the firm is likely to ac­quire smaller firms op­er­at­ing in those busi­nesses for which the com­pany is ready to in­vest about 50 mil­lion dol­lars for each of these com­pa­nies. The com­pany is ex­pect­ing higher op­er­at­ing prof­its in the com­ing fi­nan­cial years, be­cause through au­to­ma­tion, it is look­ing for­ward to higher rev­enues and lower its em­ployee growth rate.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.