Sasken gains on joining Microsoft's Windows Embedded Partner Program

16 Jul 2013

Sasken Communication Technologies is currently trading at Rs. 124.90, up by 6.80 points or 5.76% from its previous closing of Rs. 118.10 on the BSE.

The scrip opened at Rs. 122.50 and has touched a high and low of Rs. 125.20 and Rs. 121.00 respectively. So far 1,632 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 159.50 on 03-Apr-2013 and a 52 week low of Rs. 110.00 on 09-Nov-2012.

Last one week high and low of the scrip stood at Rs. 121.25 and Rs. 110.05 respectively. The current market cap of the company is Rs. 263.00 crore.

The promoters holding in the company stood at 36.42% while Institutions and Non-Institutions held 1.24% and 62.34% respectively.

Sasken Communication Technologies has entered into the Windows Embedded Partner Program (WEPP). This move enables Sasken to offer a vast array of Windows Embedded software development services and solutions to device OEMs. Sasken provides R&D services and solutions with exclusive focus on the communications space by addressing the needs of embedded, ruggedized devices, automotive, health care, enterprise, retail, independent service vendors and operator industry segments.

The company is looking to leverage Microsoft's technologies, roadmaps and ecosystem to provide value to its customers. This partnership will enable the company to develop relevant and customized solutions for customers, while maintaining cost effectiveness, ultimately adding value to end consumers.

Sasken Communication Technologies offer a range of services in areas of research and development consultancy, wireless software products and software services, and works with network OEMs, semiconductor vendors, terminal device OEMs and operators across the world.

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