Datamatics Global Services is currently trading at Rs 30.20, up by 0.40 points or 1.34% from its previous closing of Rs 29.80 on the BSE.
The scrip opened at Rs 30.85 and has touched a high and low of Rs 30.85 and Rs 29.45 respectively. So far 19928 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 40.40 on 02-Dec-2010 and a 52 week low of Rs 25.50 on 09-Aug-2011.
Last one week high and low of the scrip stood at Rs 30.85 and Rs 28.50 respectively. The current market cap of the company is Rs 175.67 crore.
The promoters holding in the company stood at 72.75% while Institutions and Non-Institutions held 0.31% and 26.94% respectively.
Datamatics Global Services, a Global Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization has acquired about 72% stake in California-based IT firm Cignex for $17.39 million cash deal from its internal funding. The said acquisition gives the company access to three new markets, California, Singapore and some part of Middle East.
This acquisition is strategic expansion of the company’s business as it has business segment providing similar solutions. Cignex provides content and document management IT solutions based on open source software for businesses.
Recently, the company reported a growth of 38.40% in consolidated net profit at Rs 6.70 crore for the first quarter ended on June 30 as compared to Rs 4.84 crore during same quarter in 2010-11.
Datamatics is a premier provider of end-to-end BPO and IT solutions spanning consulting, technology architectures and business process management. It builds customized solutions for industry verticals like Banking and Finance, Insurance, Manufacturing, Online Retail, Research, Healthcare, Government, Not-for-Profit / Charitable Organizations, Telecom, Transportation, Hospitality, Energy and others.
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| HCL Tech. | 1891.65 |
| Wipro | 309.10 |
| Tech Mahindra | 1711.80 |
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