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Cressanda Solutions spurts on incorporating three wholly owned subsidiaries

27 Sep 2022 Evaluate

Cressanda Solutions is currently trading at Rs. 36.10, up by 0.55 points or 1.55% from its previous closing of Rs. 35.55 on the BSE.

The scrip opened at Rs. 33.80 and has touched a high and low of Rs. 36.90 and Rs. 33.80 respectively. So far 498319 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 51.20 on 06-May-2022 and a 52 week low of Rs. 1.69 on 30-Sep-2021.

Last one week high and low of the scrip stood at Rs. 40.80 and Rs. 33.80 respectively. The current market cap of the company is Rs. 1414.66 crore.

The promoters holding in the company stood at 0.08%, while Institutions and Non-Institutions held 0.02% and 99.90% respectively.

Cressanda Solutions has incorporated three wholly owned subsidiaries namely ‘Cressanda Analytica Services’, ‘Cressanda Food Solution’ and ‘Cressanda Staffing Solution’. ‘Cressanda Analytica Services’ has incorporated to undertake IT enabled services like call Centre Management, Medical and legal transcription, data collection and processing, Back office processing, data warehousing and database management, data discovery etc. ‘Cressanda Food Solution’ has incorporated to carry on the business of prepare, manufacture, process, market, trade, import, export, improve, sell and deal in all kinds of all type of food and food related products.

‘Cressanda Staffing Solution’ has been incorporated to carry on in India and anywhere else in the world, B2B and B2C business of providing solutions and services in ‘HR’ in all its forms and perspectives and to undertake all such activities as are connected, linked or associated.

Cressanda Solutions offers a host of IT, Digital Media and IT Enabled services. Cressanda is a software development company that provides middleware products, systems integration services and bespoke software solutions.

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