|Hazel Mercantile Ltd., The Parent Company of Hazel Infotech Limited, ranked 94th among top 500 TMEs in a research done by IMA in association with CITIGROUP
IMA India recently undertook a study of India's Best Performing "Emerging Corporations". This initiative is sponsored by Commercial Banking Group, Citigroup. This is a first of its kind research study of mid-sized corporates who are transitioning into industry/market leaders.
Hazel Mercantile Ltd. parent company of Hazel Infotech Ltd. has been ranked in the TOP 100 Transitioning Medium Enterprises (TME's) in India.
IMA identified consistent performers, not one-time achievers. Nearly 1,000 public limited companies (turnover in the range of Rs. 100-500 Crores) were taken up and their financial results analysed for the last 4 years. A performance index was developed that looked at both top line and bottom line performance; absolute size as well as growth. The detailed methodology is publised in a Special Supplement of IMA's CFO Connect magazine.
Hazel Infotech Ltd. the software subsidiary of Hazel Merchantile Ltd. extends its heartiest congratulation to all of Hazel Family on this mega achievement.