Stock Report

MPS Expands Global Footprint with New Branch in Singapore



Posted On : 2024-11-05 20:26:32( TIMEZONE : IST )

MPS Expands Global Footprint with New Branch in Singapore

MPS Limited proudly announces the opening of a new branch office in Singapore, representing a pivotal step in strengthening service delivery and our expanding client base in the thriving Asia-Pacific (APAC) region. This strategic initiative highlights MPS' dedication to delivering rapid and effective services that align with the increasing demands of our APAC clients.

Rahul Arora, Chairman and CEO of MPS Limited, remarked: "We are thrilled to establish our new branch in Singapore. While the U.S. continues to be our largest market, the APAC region stands out as our most dynamic growth segment. This expansion allows us to meet the growing needs of our clients with timely, high-quality services, particularly given that many of our key clients have regional headquarters in Singapore.

Positioning our Singapore branch as a center of excellence enables us to assemble a dedicated team of experts focused on optimizing efficiency, enhancing client partnerships, and fostering a collaborative environment. With this increased presence, we aim to drive innovation and improve service delivery speed, contributing significantly to our clients' success.

Aligned with our growth strategy 'Supercharging Gestalt,' the Singapore expansion advances the realization of Vision 2027. It exemplifies our market-centric approach, commitment to our strategic customers, and ambition to expand into new markets while developing new capabilities, setting the stage for achieving even greater milestones."

Shares of MPS Limited was last trading in BSE at Rs. 2060.35 as compared to the previous close of Rs. 2119.55. The total number of shares traded during the day was 594 in over 237 trades.

The stock hit an intraday high of Rs. 2109.35 and intraday low of 2039.50. The net turnover during the day was Rs. 1238561.00.

Source : Equity Bulls

Keywords

MPS INE943D01017 NewBranchOffice Singapore