Zensar gains on unveiling next generation Cloud management offerings

17 Aug 2017

Zensar Technologies is currently trading at Rs. 799.05, up by 5.15 points or 0.65% from its previous closing of Rs. 793.90 on the BSE.

The scrip opened at Rs. 792.30 and has touched a high and low of Rs. 799.05 and Rs. 792.30 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1111.00 on 09-Sep-2016 and a 52 week low of Rs. 770.15 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 809.00 and Rs. 770.15 respectively. The current market cap of the company is Rs. 3,587.00 crore.

The promoters holding in the company stood at 48.70%, while Institutions and Non-Institutions held 17.60% and 33.70% respectively.

Zensar Technologies has unveiled next generation Cloud management offerings with Cisco’s CloudCenter (CCC) capabilities. Cisco and Zensar have a relationship that spans more than 17 years, and this alliance is focused on creating a stronger go to market story for both the entities.

The scope of this alliance is two-fold. In addition to Zensar being a reseller for Cisco’s CloudCenter solutions globally, it will also integrate its in-house, integrated managed services platform, The Vinci, with Cisco’s CloudCenter capabilities to enable customers to leverage the Hybrid IT advantage.

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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