Inventurus Knowledge Solutions offers tech-enabled outsourcing solutions to US-based healthcare providers to help reduce their operating costs. (Representative image. Photo source: Envato)
Inventurus Knowledge Solutions Ltd., a recently listed IT outsourcing firm, received a 'hold' rating on its stock as Jefferies initiated coverage. It placed a target price of Rs 1,575 per share.The brokerage expects the company to achieve a 14% compounded annual growth rate in dollar revenues in two years to $412 million, driven by increasing outsourcing and integrated offerings. This, combined with improving operating margins and de...