Zensar Technologies gains on bagging order worth Rs 190 crore

09 Feb 2015

Zensar Technologies is currently trading at Rs. 644.00, up by 11.35 points or 1.79 % from its previous closing of Rs. 632.65 on the BSE.

The scrip opened at Rs. 633.00 and has touched a high and low of Rs. 655.00 and Rs. 623.00 respectively. So far 5824 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 685.80 on 22-Jan-2015 and a 52 week low of Rs. 332.00 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 663.90 and Rs. 625.00 respectively. The current market cap of the company is Rs. 2851.26 crore.

The promoters holding in the company stood at 48.07 % while Institutions and Non-Institutions held 12.70 % and 39.23 % respectively.

Zensar Technologies, a leading software and infrastructure services provider has bagged new business worth nearly Rs 190 crore in its Application Management Services business. This new business includes new logos as well as renewal of significant engagements with existing clients in key markets and verticals. The renewal deals are even more rewarding as a reiteration of the customer's faith in Zensar.

The company is also investing in DevOps and an Integrated Support Platform to enable the large deals involving multi tower services across Application Management Services, Infrastructure Management and Package Applications. New service areas like End User Experience Management (EUEM) Service have also been showing traction.

Zensar’s EUEM leverages Aternity’s platform enabling enterprises to see real time application and device performance from an end user perspective; and to measure, manage and improve user productivity on any device, any application and any location.

Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance, Utilities, Healthcare and Life Sciences.

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Zensar Technologies Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719