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Zensar Technologies strengthens on developing innovative iPad application

14 Aug 2013

Zensar Technologies is currently trading at Rs. 225.80, up by 2.70 points or 1.21% from its previous closing of Rs. 223.10 on the BSE.

The scrip opened at Rs. 224.80 and has touched a high and low of Rs. 226.80 and Rs. 221.05 respectively. So far 525 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 302.45 on 03-Oct-2012 and a 52 week low of Rs. 205.00 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 234.00 and Rs. 205.00 respectively. The current market cap of the company is Rs. 981.06 crore.

The promoters holding in the company stood at 48.35% while Institutions and Non-Institutions held 12.94% and 38.71% respectively.

Zensar Technologies Australia and Jetstar have developed an innovative iPad application that allows pilots to quickly and accurately calculate aircraft weight and balance before take-off. Jetload is used on-board Jetstar’s A320s and is the first of its kind to be deployed in an Australian flight deck.

Before Jetload was introduced, Jetstar pilots used handheld personal digital assistant computers requiring on-board printing and a complex software update process. Jetload is synchronized using a WiFi connection meaning documentation can now be sent through electronically in a more streamlined process for pilots.

Jetstar’s iPad rollout began last year and the low fares airline has worked through the necessary steps with CASA to safely remove about 20kg worth of paper manuals from the flight deck.

Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance, Utilities, Healthcare and Life Sciences.

Related Zensar Technologies Ltd. Links:

Zensar Technologies Share Price

302.05 12.45 (4.30%) Jun 15, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323