Zensar Technologies soars on winning multiyear contracts in Manufacturing Vertical

03 Oct 2013

Zensar Technologies is currently trading at Rs. 236.05, up by 5.85 points or 2.54% from its previous closing of Rs. 230.20 on the BSE.

The scrip opened at Rs. 230.05 and has touched a high and low of Rs. 240.95 and Rs. 230.05 respectively. So far 11756 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. 180.90 on 25-Sep-2013.

Last one week high and low of the scrip stood at Rs. 240.95 and Rs. 180.90 respectively. The current market cap of the company is Rs. 1030.77 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, a leading software services provider has significant large multiyear wins in the manufacturing sector in the US. The contracts include multimillion dollar deals with a market leading innovator in semiconductors and a leading manufacturer of engineering solutions in data and power sectors. These wins further consolidate Zensar's leadership in the sector and boost both the custom and package applications businesses 

Recently, the company had founded a unique initiative to encourage product start-ups in India and to help take their products global. These start-ups are in the new age technology areas of SMAC (Social, Mobility, Analytics and Cloud).

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.


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Zensar Technologies Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323