This multibagger company got selected as Strategic Partner for UK Public Services Transformation!

On Tuesday, shares of the company surged by more than 4 per cent and made an intraday high of Rs 1064.75.

Hinduja Global Solutions Ltd specializes in business process management (BPM) and provides a wide range of services, including both voice and non-voice solutions like contact centre services and back-office transaction processing on a global scale. The company is a subsidiary of the diversified Hinduja Group, which has a presence in various sectors, including automotive, information technology, media, entertainment, infrastructure development, oil and specialty chemicals, power, real estate, and healthcare. Hinduja Global Solutions employs approximately 200,000 individuals worldwide.

Hinduja Global Solutions (HGS), a prominent provider of consumer engagement, digital customer experiences, analytics, and AI solutions, has announced a strategic partnership with the Government Digital Service (GDS) in the UK. This collaboration aims to provide contact centre support for GOV.UK One Login users, simplifying and expediting the process of identity verification for accessing central UK government services. The partnership was established through the Crown Commercial Service Framework and aligns with GDS's vision of enhancing constituents' access to government services.

The company has delivered negative returns of 26 per cent over the past year and stellar returns of 197 per cent over the past 3 years. Additionally, the company has a ROCE of 3.47 per cent and a ROE of 3.3 per cent.

On Tuesday, shares of the company surged by more than 4 per cent and made an intraday high of Rs 1064.75. Additionally, the scrip had a spurt in volume by more than 3.47 times.

Investors should keep a close eye on this trending stock.

Disclaimer: The article is for informational purposes only and not investment advice.