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Friday, January 4, 2008
3i Infotech
3i Infotech has been able to differentiate themselves from an normal midcap software company through these acquisitions. All them have been EPS accretive with about 10-15% net margins. Its help them to build a good spread of banking products for itself. Another thing is that they are very strongly present in the domestic market. There is a lot of strong growth expected in this space and more specifically in e-governance space in which they have already won couple of orders from the Government of Gujarat and Government of Harayana, so going forward I expect this also to drive growth for them."
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