Genpact's Strategic Moves and Market Reactions Genpact Limited has seen notable activity in its stock ownership and market performance. Royal Bank of Canada reduced its stake by 50.1%, while other financial groups like Larson Financial Group, Osbon Capital Management, and Johnson Financial Group have increased their investments. Analysts have varied opinions on its stock value with price targets from $31 to $50. The company continues to focus on digital transformation and operational efficiency. In its latest earnings report, Genpact reported a 7.1% increase in revenue to $1.34 billion, exceeding expectations, but its stock declined by 6.7% post-announcement. CEO Balkrishan 'BK' Kalra remains optimistic, projecting a 25% growth in Advanced Technology Solutions revenue, emphasizing a pivot towards digital and AI-driven operations. |
