Hinduja Global share price (HGS) has zoomed up by a robust 6.76 per cent on Wednesday, 17thAugust 2016, owing to a good set of financial numbers. The results declared for the first quarter of FY17 came as a pleasant surprise for the investors and they reciprocated in a good way too.
The net sales of the Company have increased by 23.1 per cent on a yearly basis to Rs. 9,095 million. EBITDA for the quarter ended 30th June 2016 stands at Rs. 1,066 million with margins of 11.7 per cent. The PAT for the quarter is Rs.517 million with margins of 5.7 per cent. Cash flow from operation as well as after working capital changes is Rs. 886 million. The Capex of the Company is Rs. 527 million for the quarter.
The revenue origination of Hinduja Global for the Q1 of FY17 is: US 65 per cent, Canada 12 per cent, UK & Europe 10 per cent and India 13 per cent.
Revenue by vertical is: Healthcare 43 per cent, Telecom & Technology 25 per cent, Consumer 14 per cent, Banking & Financial Services 7 per cent and others 11 per cent.
HGS is a Hinduja Group stock, with a presence in diversified industries from Banking and Financial services, Automobiles and IT. HGS has been ranked 11th on NASSCOM’s Top 20 IT/ BPO Employers' list for FY2016; HGS has jumped up from the18th position the previous year.
The stock has been an underperformer with negative returns of almost 10 per cent delivered in a span of 1 year. Over a period of 6 months however Hinduja Global has generated 32 per cent returns. Currently Hinduja Global share price is trading at Rs 564.80, up by 7.58 per cent. Hinduja Global is one of the Dynamic Levels recommended Top 500 shares.
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