Updater Services Limited (UDS.BO)
Updater Services Limited operates in the Specialty Business Services industry of the Industrials sector, headquartered in Chennai, TN, IN. The stock last traded at $211.00, up 0.48% on the session, giving a market capitalisation of $14.11B. Its beta of 0.79 implies it has historically moved less than the broad market.
Updater Services Limited, a comprehensive integrated business solutions provider established in Chennai, India, in 1985, offers a wide array of integrated facilities management (IFM) and business support services (BSS) across India. Its operations are divided into two main segments. The IFM & Other Services division delivers extensive support, ranging from crucial soft services like housekeeping, cleaning, sanitation, pest control, and landscaping, to production-focused assistance for manufacturing sites, including material handling, on-site warehouse and inventory management, and equipment maintenance. This segment also provides essential mechanical, electrical, and plumbing (MEP) engineering services, along with washroom and feminine hygiene care. Complementary offerings within this division include general staffing, institutional catering, and broader warehouse management. The Business Support Services (BSS) segment focuses on enabling key operational functions. This includes sales enablement, employee background verification, audit and assurance, airport ground handling, mailroom management, and specialized logistics solutions. Updater Services serves a diverse clientele spanning numerous industries such as FMCG, manufacturing, engineering, banking, financial services, insurance, healthcare, IT/ITeS, automotive, logistics, warehousing, airports, ports, infrastructure, and retail, among others.
Updater Services Limited is most often compared with the following Industrials names: