Tuesday 11 November 2008

Buy HTMT Global, target of Rs 255: PINC

PINC Research has maintained its buy rating on HTMT Global Solutions with a target of Rs 255 in its November 10, 2008 research report. "HTMT Global Solutions Ltd. (HTMT), a member of the Hinduja Group is amongst the Top 15 Indian BPO vendors. Besides developing a well established presence in voice based services such as customer care, it has over the years, diversified into non voice - transaction processing services, which currently contribute 24% of sales. In addition, it is extremely well capitalised to fund future inorganic moves, and we therefore believe it is on the path of transforming itself into a leading BPO player. Thus, we initiate coverage with a ‘BUY’ recommendation and a 12 month price target of Rs 255," says PINC's research report.

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Source: Moneycontrol

Posted by Harsh at 07:40

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