STG Software Technologies Group in IT education was a name to reckon in the mid nineties.In 1994 it came out with its IPO at a premium of Rs. 45 and got listed at Rs. 85.STG holds Gold certified status in Microsoft partnership programme in Learning Solutions.Its also associated with IBM Education centre for IBM Software like LOTUS NOTES, WEBSPHERE and DB2. Alliance with Pearson Vue helps its students to appear for certificate tests at STG Centres with PAN India presence.
In Education STG has recently come out with a programme named Final Touch .Its like a finishing school to supplement the engg. college education.
STG launches ‘Final Touch’ for budding software developers Bridging the gap between industry needs and formal education
July 05, 2007
Business Wire India
Software Technology Group (STG) today announced the launch of Final Touch – a unique innovative software training program to stem the problem of talent crunch in the market. According to NASSCOM reports, there are 400,000 engineers graduating in the country every year but only one in four is employable in the IT sector. There is likely to be a demand of 500,000 software professionals in next five years. So there is no dearth of jobs. But it is the mismatch between what the colleges produce and what the industry demands is of great concern.Final Touch provides IT professionals and graduates the opportunity to gain both practical and hands -on experience and prepares them to address the challenges of present and next generation IT needs. The training will be held using the latest technologies, tools and methodologies in vogue. It is a four month Power Packed Program, the admission to which will be through an IT fundamental entrance test. The students will be awarded STG Certified Software Professional credentials with super specialization in any one of the IT tracks like dotNet, Java EE, LAMP, Databases or Networking. This course will also prepare the students for various industry acclaimed IT certifications. As the industry needs students with solid hands on experience, live projects will form integral part of the curriculum.
STG is also into Consulting and Software Development.On consulting front it has a long term association with Infosys Technologies. Its responsible for implementing Infosys Finnacle product in most of the Banks.This way STG is very strong in Banking and Financial Services Industry,System integration, and Enterprise wide applications.
Its Equity Capital stands at Rs. 12.5 crores and BV is Rs. 18 as on 31st March 2007. Over the last few Q’s Co’s financial performance is turning for the better as the published results indicate:
Scrip Code : 532293 Company Name : Software Technology Group International Ltd
Company is sitting on huge land bank at Shah Industrial Estate , UNITS 12/13/15/16/17/18 Veera Desai Road, Andheri (west), Mumbai. Land is in the name of M/S Associated Technoplastic Pvt Ltd a wholly owned subsidiary company.Besides this STG also has the following subsidiary companies:
1. STG International Inc. NJ USA
2. STG Inc. USA
3.STG Australia Pvt Ltd.
Considering the Market capitalisation of Rs. 17 crores ( CMP Rs. 13.5 ) for the company, its Fixed Assets,its book value of Rs. 18, ever growing and high margin businesses of IT Education, Software Development, Consulting and System Integration in which the company operates, its association with Microsoft, IBM , INFOSYS and others, the share appears to be UNDERPRICED. One can invest in this scrip at CMP .Share price can double from its present value in the short term and triple in the long term. DOWNWARD RISK is almost NIL.
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