Zensar Technologies soars on unveiling new in-sourcing services division

03 Sep 2013 Evaluate

Zensar Technologies is currently trading at Rs. 244.40, up by 7.70 points or 3.25% from its previous closing of Rs. 236.70 on the BSE.

The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 248.65 and Rs. 240.00 respectively. So far 11,240 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. 239.90 and Rs. 222.50 respectively. The current market cap of the company is Rs. 1,065 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, leading software services provider has launched its new in-sourcing services division to provide comprehensive services to global conglomerates to set up captive centres in India.

The business of setting up global in-house centres which started many years ago has been getting significant traction over the few years and continues to mature. This is evident from the growth of captive units and their contribution to India export. Captive revenue has grown from $3 billion in 2003 to $13.90 billion in 2012.

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.

Zensar Technologies Share Price

758.20 -8.50 (-1.11%)
23-Dec-2024 10:21 View Price Chart
Peers
Company Name CMP
TCS 4146.95
Infosys 1924.85
HCL Tech. 1910.50
Wipro 305.55
Tech Mahindra 1689.35
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