Zensar Technologies soars on inking multi-million dollar deal with AVIS Fleet

09 Sep 2016

Zensar Technologies is currently trading at Rs. 1073.50, up by 68.70 points or 6.84% from its previous closing of Rs. 1004.80 on the BSE.

The scrip opened at Rs. 1030.00 and has touched a high and low of Rs. 1111.00 and Rs. 1030.00 respectively. So far 8,444 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1136.05 on 09-Aug-2016 and a 52 week low of Rs. 764.00 on 29-Sep-2015.

Last one week high and low of the scrip stood at Rs. 1111.00 and Rs. 990.35 respectively. The current market cap of the company is Rs. 4,798.00 crore.

The promoters holding in the company stood at 47.94%, while Institutions and Non-Institutions held 16.06% and 36.00% respectively.

Zensar Technologies, a leading provider of digital solutions, software and infrastructure services, has secured digital transformation project from Avis Fleet in South Africa. Spread over a time-period of two years, it involves adding scalability and agility to the company's strategic technology roadmap. The company will leverage its digital technology skills and expertise to enable Avis Fleet in improving overall customer experience and visible enhancement in the quality of service. The key business objective is to secure and grow its market leadership position in this field across Africa.

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.



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