Datamatics Listed Among India’s Top 500 Value Creators 2023

On May 23, 2024, Datamatics Global Services Limited announced in an exchange filing that Dun & Bradstreet recognised the company amongst ‘India’s Top 500 Value Creators 2023’.

Dun & Bradstreet is a prominent global provider of business decisions, data, and analytics, helping companies worldwide enhance their business performance.

The list of the top 500 value creators is curated from the companies listed on BSE and NSE for the last five years. These companies were gauged against more than 25 parameters that assessed both market value and intrinsic value. Datamatics is identified among the top value creators for creating long-term value for all their stakeholders above financial growth, business resilience, outperforming on business productivity, and sustainability aspects.

Speaking of this recognition, the Vice Chairman and CEO of Datamatics, Rahul Kanodia, said, “We are happy to be recognised by Dun & Bradstreet amongst ‘India’s Top 500 Value Creator 2023’. It is a recognition of the value we have created for all our stakeholders, as well as our outstanding corporate performance over the years.”

He further stated that they are committed to helping enterprises delve deeper into digital transformation, foster operational efficiency, enhance customer experiences, and gain sustainable competitive advantages. He expressed gratitude to all stakeholders, including employees, shareholders, and customers, for their vital role in the journey.

The Director of Marketing, Learning Solutions and CSR, Vipul Oberoi, said, “Dun & Bradstreet analysed the financial data of companies in the D&B Data Cloud and has identified companies that don’t just pursue profits but create long-term sustainable value for all stakeholders. The D&B Top 500 Value Creators have outperformed peers on all the parameters of value creation and have demonstrated business success and performance.”

Recently, Datamatics was also recognised among the ‘Forbes Asia 200 Best Under a Billion Companies 2023’. This recognition positions Datamatics in the top 1% of 20,000 listed companies across Asia, identifying its exceptional quantitative and qualitative corporate performance.

On May 23, 2024, the share price of Datamatics Global Services Ltd opened at ₹587.30, touching the day’s high at ₹587.45, as of 12:21 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.