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Zensar Technologies rises on inking multimillion multi-year deal with John Lewis

15 Jun 2016

Zensar Technologies is currently trading at Rs 961.10, up by 12.95 points or 1.37% from its previous closing of Rs. 948.15 on the BSE.

The scrip opened at Rs. 955.50 and has touched a high and low of Rs. 989.80 and Rs. 949.85 respectively. So far 5768 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1120.00 on 28-Dec-2015 and a 52 week low of Rs. 636.50 on 17-Jun-2015.

Last one week high and low of the scrip stood at Rs. 955.00 and Rs. 925.00 respectively. The current market cap of the company is Rs. 4337.99 crore.

The promoters holding in the company stood at 47.84%, while Institutions and Non-Institutions held 14.64% and 37.52% respectively.

Zensar Technologies, a leading provider of digital solutions, software and infrastructure services, has signed a multimillion multi-year Managed Services Deal with John Lewis, UK’s largest department store retailer. Zensar has been partnering John Lewis through its business transformation process with next gen applications management solutions for many years now.  As part of this agreement spread over a five-year period, Zensar will be responsible for application management and technical analysis services for buying, selling, supply chain, financial management, management information systems, digital and online order management, customer delivery and mobile applications. This deal underlines Zensar’s position as one of two key IT Operational Support partners at John Lewis.

Zensar Technologies operates as a software service company. It is engaged in software development, networking, e-commerce, and systems integration services. It also provides consulting, collaboration services and business process outsourcing services.


Related Zensar Technologies Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323