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Blue Star Infotech plans acquisition in US

16 May 2014 Evaluate

Blue Star Infotech is planning to grow through inorganic route in US. In this regard, the company is planning an acquisition in the US this year.

Since the company is looking for digital transformation in-order to keep itself in pace with the changing technological trend, its acquisition will also be focused towards the similar area mainly in analytics or mobility.

The Mumbai-headquartered company, which reported its earnings Wednesday is bullish on the travel-and-hospitality, hi-tech and healthcare verticals in the current financial year and is of the view that the US market is expected draw good business.

 

Peers
Company Name CMP
TCS 2093.60
Infosys 1012.55
HCL Technologies 1253.40
Wipro 165.20
Tech Mahindra 1564.50
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