Scripscan:LGS Global Ltd
cmp:125
Code:532368
Story:Incorporated in 1999, LGS Global - earlier known as Lanco Global Systems provides end-to-end enterprise solution offerings and specializing in ERP Solutions, Microsoft and Open Source Systems development. In 2009, the name of the company was changed from Lanco Global Systems to LGS Global following the change in the management. LGS has its corporate office located at Hyderabad and other global delivery centers located across USA, UK, UAE and South Africa. LGS has over 1800 experienced professionals located in 12 offices across 8 countries including most of the world’s major/emerging business centers. During FY11 exports constituted 17% of sales.LGS being one of the leading Software Development Company with offices spread across the globe. LGS has over a decade experience in delivering business values to its customers, with clientele Including many Fortune 500 companies and Government agencies. LGS has achieved the Microsoft Gold partnership status Certificate for its data management solutions competency, which recognizes the commitment, expertise and superiority using Microsoft products and services. It continues to foster strategic partnerships with IBM, Sun Microsystems, SAP, Oracle, software AG and other major vendors. In spite of severe financial crisis and recession in the global market, which had a direct bearing on company's business, LGS could withstand the turbulences and maintained better performance and working in progressive direction. SGL has taken initiatives to increase exports - Demonstrating the benefits to the existing client base on the offshore model in terms of cost savings, 24/7 support, maturity in delivery processes through CMMI and ISO, state of the art infrastructure, competency and knowledge base. It is developing new export markets for products and services Europe and Middle East have been the markets that are being developed through its partners.LGS is expected to post consolidated EPS of Rs 23.6 in FY12. At the CMP of Rs 125, the share is trading at a P/E of 5.2.
cmp:125
Code:532368
Story:Incorporated in 1999, LGS Global - earlier known as Lanco Global Systems provides end-to-end enterprise solution offerings and specializing in ERP Solutions, Microsoft and Open Source Systems development. In 2009, the name of the company was changed from Lanco Global Systems to LGS Global following the change in the management. LGS has its corporate office located at Hyderabad and other global delivery centers located across USA, UK, UAE and South Africa. LGS has over 1800 experienced professionals located in 12 offices across 8 countries including most of the world’s major/emerging business centers. During FY11 exports constituted 17% of sales.LGS being one of the leading Software Development Company with offices spread across the globe. LGS has over a decade experience in delivering business values to its customers, with clientele Including many Fortune 500 companies and Government agencies. LGS has achieved the Microsoft Gold partnership status Certificate for its data management solutions competency, which recognizes the commitment, expertise and superiority using Microsoft products and services. It continues to foster strategic partnerships with IBM, Sun Microsystems, SAP, Oracle, software AG and other major vendors. In spite of severe financial crisis and recession in the global market, which had a direct bearing on company's business, LGS could withstand the turbulences and maintained better performance and working in progressive direction. SGL has taken initiatives to increase exports - Demonstrating the benefits to the existing client base on the offshore model in terms of cost savings, 24/7 support, maturity in delivery processes through CMMI and ISO, state of the art infrastructure, competency and knowledge base. It is developing new export markets for products and services Europe and Middle East have been the markets that are being developed through its partners.LGS is expected to post consolidated EPS of Rs 23.6 in FY12. At the CMP of Rs 125, the share is trading at a P/E of 5.2.
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