KLG Systel ranked 43 by DATAQUEST

KLG Systel Ltd has announced that the Company is ranked 43 on the market cap index at Rs 430 crore, by IT magazine DATAQUEST (a cyber Media Publication). The Company makes its presence felt among the premier league of TOP 200 Indian IT Brands. DQ Top 200 ranking is in all practicality the only such ranking available on and accepted by the Indian IT industry. Making space for itself among the barons of this industry - TCS, Infosys, Wipro, etc. - the Company has emerged as a strong contender in the specialized products space in its own right.

The Company stands apart from the general trend that the DQ Top 200 reflects of the industry's larger export orientation and a 'services' phenomenon. The Company has been identified as a Company whose focus is the Indian market and 'rising high on the domestic turf'. The Company is ranked fourth in revenue generation during the fiscal 2006-07 as compared to 2005-06 with a growth of 136%.

The Company secured this position based on its deep domain expertise and its relentless R&D and continuous growth.

The stock was trading at Rs.416, down by Rs.3.10 or 0.74%. The stock hit an intraday high of Rs.424.75 and low of Rs.415.05. The total traded quantity was 16232 compared to 2 week average of 65510.

Source : Equity Bulls

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