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ICRA reaffirms credit rating assigned to Zensar Technologies debt instruments

17 Feb 2012 Evaluate

Credit rating agency, ICRA has reaffirmed the assigned ‘A1+’ credit rating for short term debt instrument of Zensar Technologies, implying highest credit quality and lowest credit risk in short term with relatively stronger credit quality.

The agency has also reaffirmed the assigned ‘LAA’ credit rating for long term debt instruments of the company, implying high credit quality and low credit risk.

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.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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