EQUITYBROKER

InfoBeans Technologies Ltd

Long
NSE:INFOBEAN   INFOBEANS TECHNO. LTD.
InfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.

Key Clientele
The company's clients include companies like American Express, Wework, amazon, Viatech, IQVIA, ALM Media, CoAdvantage and others.The company added 14 clients in FY21 compared to 28 clients in FY20. It caters to 16 Fortune 500 companies.

In FY21, USA accounted for ~94% of revenues, followed by Europe (3.3%) and Middle East (2.7%).
Its main offices are located in Indore, Bengaluru, Chennai and Pune in India.

Accordingly in those days IT sector in the crucial stage and facing like recession as well but I notice the Financial report of this company it shows amazing results and mukul agarwal took a big Stake currently in this company and promoters also having 75% stake.

DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.

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