Zensar Technologies is currently trading at Rs. 232.50, up by 0.75 points or 0.32% from its previous closing of Rs. 231.75 on the BSE.
The scrip opened at Rs. 232.00 and has touched a high and low of Rs. 234.50 and Rs. 232.00 respectively. So far 1751 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. 236.40 and Rs. 212.00 respectively. The current market cap of the company is Rs. 1022.76 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 has signed significant large multiyear contracts in the US. The company has signed a five-year total infrastructure outsourcing deal with a world leading direct selling company for five of its remote sites. As part of this strategic agreement, Zensar will establish a dedicated Shared Service and Offshore Support Centre for the client which would support the client's LT Infrastructure across locations. Zensar's solution, includes providing a co-location environment by hosting the client's primary hardware and systems.
Zensar will also be working with a leading healthcare management organization providing them infrastructure services for migration of the organization's data centers to the Cloud, involving assessment of infrastructure and applications; consolidation, optimization and migration of data and monitoring services. This is a significant project for the client.
Zensar has a robust pipeline of over 250 million dollars of new business and expects all business lines to do well during the current financial year.
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