Zensar Tech inches up amid volatility
News | 21 Nov 2013
Zensar Technologies rose 0.15% to Rs 324.10 at 12:26 IST on BSEafter the company said it has launched an end-to-end suite of multivendor support service offerings. The announcement was made during trading hours today, 21 November 2013. Meanwhile, the S and P BSE Sensex was down 262.29 points or 1.27% at 20,372.8.
On BSE, 23,000 shares were traded in the counter as against average daily volume of 23,000 shares in the past two weeks. The stock was volatile. The stock rose as much as 3.83% at the day's high of Rs 336 so far during the day, which is also its 52-week high for the counter. The stock lost as much as 1.09% at the day's low of Rs 320.05 so far during the day. Zensar Technologies today, 21 November 2013 announced an end-to-end suite of multivendor support service (MVS) offerings, which will help enterprise customers accelerate how they monitor, identify and remedy issues in server, storage and networking environments.
Commenting on the development, Vivek Gupta, Chief Executive, Zensar Global IM Services said, "Zensar has expanded its suite of multivendor support services beyond hardware break-fix to include infrastructure monitoring as well as the migration of IT infrastructure to hybrid cloud. Today Zensar is able to provide MVS services with a global SLA and single point of contact across our client's entire infrastructure stack". Zensar Technologies' consolidated net profit rose 15.9% to Rs 70.63 crore on 11% growth in net sales to Rs 589.77 crore in Q2 September 2013 over Q1 June 2013. Zensar Technologies is among the top 15 software services providers from India.