ICICI Direct has issued a management meet note stating that MPS has an uncomplicated business and that it is on a firm footing
ICICI Direct has issued a management meet note stating that MPS has an uncomplicated business and that it is on a firm footing
We met Nishith Arora, CEO and MD, MPS for a business update and future strategy. The company, earlier known as Macmillan Publishing, underwent restructuring in the last two years, post its acquisition by Adi BPO in 2011. Overall, MPS has the building blocks in place and is poised to capture incremental opportunities in the publishing outsourcing space.
Emkay released a research report on MPS yesterday (Jan 6th 2015) with a target price of Rs 1000/-.
http://www.emkayglobal.com/Uploads/EmkayResearch/MPS%20Initiating%20Coverage.pdf
Thanks for the info. I’ll look it up.