Rolta in the S&P 2008 Global Challengers List – 2008
Published on Fri, Jul 25 at 18:20 , Updated at Fri, Jul 25 at 20:28
Source : Moneycontrol.com
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Rolta has been included in the S&P Global Challengers ListTM by Standard & Poor’s (S&P). The S&P Global Challengers ListTM identifies 300 mid-size companies worldwide that have a total market capitalization between US$ 1 to 5 Billion and have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. These companies are expected to emerge as challengers to the world’s leading companies. Rolta is one of the two companies from The S&P Global Challengers ListTM of 2008 covers companies across the world and is based upon a robust methodology that is rules-based with consistent standards applied to multiple countries. Two metrics of extrinsic growth – positive three-year share price appreciation and positive three-year sales growth – are used in conjunction with two metrics of intrinsic growth – positive three-year EPS growth and positive three-year employee growth, to arrive at this list. The S&P report states: “Mid-caps positioned in the markets sweet spot – High growth mid-cap companies possess a strategic advantage relative to firms of smaller or larger sizes, having survived beyond their startup phases and offering stability as well as future growth opportunities. Having overcome the growing up pangs of small firms while possessing room for growth and expansion, mid-caps offer the best potential pool of companies, which could indeed be tomorrow’s leaders.” Speaking on the occasion, Mr. K. K. Singh, Chairman & Managing Director, said, “We are extremely gratified by this recognition. Being selected as one of the two companies from India, that are part of The S&P Global Challengers ListTM 2008, is a further endorsement of our strong platform, cohesive strategies and unique business model, which have enabled us to grow consistently and placed us in an exceptional position to address large opportunities in India and internationally.” Sourced From: Adfactors Public Relations Pvt Ltd |
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