The 5-year analysis of Parle Industries Ltd's performance infers:
We analysed the performance of Parle Industries Ltd share prices over the last 10 years. Here is what we found out:
Parle Software (PSL) was incorporated as a Private Limited Company on January 15, 1983 under companies Act 1956 as Express Bottlers Services, then, promoted Parle Bisleri Group. The company is head-quartered in Mumbai.
Parle Software is an information technology (IT) company involved in providing enterprise solutions and services such as enterprise resource application, knowledge management, supply chain and e-business applications. It is engaged in software development activities
Parle Software is an information technology (IT) company involved in providing enterprise solutions and services such as enterprise resource application, knowledge management, supply chain and e-business applications. It is engaged in software development activities and providing information technology related services to its esteemed clients in India and through its strategic partner to countries like USA, UK and far East countries like Hong Kong. For the effective overseas marketing, the company has its own overseas office in Manhattan USA.
The company has formed an association in USA, Samay Technologies by handing over the software source code for customization of software as per client specifications. This strategic action was taken by the company with the objective of wealth maximization and to mitigate the business risks imposed by the uncertain economic conditions in the country and current global turmoil situation. The company receives fixed licence fees per annum. The company is looking out for more tie-ups in the future.
The company aims to improve its core competencies in software engineering, automation, productivity and other related areas through its associates. It has plans to develop a range of offerings in the ERP Solutions space through its associates, which will meet the requirements of both the emerging Asian markets and the developed markets.