Stock Insight: Tech Sprinter

Prithvi Information Solutions (Idirect Code: PRIINF), one of the fastest growing companies in the Indian information technology space, is planning a foray into high-end and high-margin services like business intelligence, networking solutions and knowledge process outsourcing (KPO). The company is a global provider of technology and business outsourcing to industries like banking and finance, health care, manufacturing, distribution, logistics etc. The bulk of its clients is based in the United States. The company has served over 85 clients in the United States and India and is one of the fastest growing companies in its field with a compound annual growth rate (CAGR) of 84 per cent since its inception in 1998. The company has offshore delivery centres in Hyderabad and Bangalore. The company leverages on its global presence and has offices spread across North America and Europe. With a unique business model, the company is not entirely dependent on its top clients. Its top client contributes only 9-11 per cent to revenues and the top 10 clients contribute less than 40 per cent of total revenues compared with other m

This article was originally published on November 01, 2006.