Hinduja Global Solutions is currently trading at Rs. 326.00, up by 3.45 points or 1.07% from its previous closing of Rs. 322.55 on the BSE.
The scrip opened at Rs. 322.00 and has touched a high and low of Rs. 326.00 and Rs. 322.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 364.00 on 02-Aug-2012 and a 52 week low of Rs. 280.00 on 11-Sept-2012.
Last one week high and low of the scrip stood at Rs. 345.00 and Rs. 318.05 respectively. The current market cap of the company is Rs. 1001.36 crore.
The promoters holding in the company stood at 68.14% while Institutions and Non-Institutions held 18.83% and 13.03 % respectively.
Hinduja Global Solutions (HGS) US subsidiary - Hinduja Global Solutions, Inc. (HGS Inc.), has completed the asset purchase transaction with Deloitte Consulting LLP to acquire its Extended Business Office Solutions division (EBOS). This transaction is expected to result in incremental annual revenue of $11 million.
EBOS provides Revenue Cycle Management services to large healthcare providers and networks in the US. Established in 2000, this unit has more than ten large US healthcare providers and networks as its clients. EBOS’ existing contracts have been transferred to HGS Inc.
HGS is already serving Fortune 100 health insurance clients and has been ranked Global Best 10 for Healthcare in 2012 Global Outsourcing list by IAOP. EBOS brings a complementary capability in the provider side, which will make HGS a full spectrum player in the US healthcare market.
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