Read more about Volumes spurt at Zensar Technologies Ltd counter on Business Standard. Zensar Technologies Ltd notched up volume of 34.53 lakh shares by 10:49 IST on BSE, a 61.48 fold spurt over two-week average daily volume of 56161 shares
›Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 months
Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 months
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Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 monthsBy
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Synopsis
Analysts said 20-25 per cent of the company’s order book was of fixed price in nature, and thus was impacted adversely due to the rise in commodity prices, especially steel.
Agencies
Analysts expect margins to remain depressed in the coming two quarters and so will be the stock in the near term.
Zensar looking at eastern Europe buys after M3bi deal, says Harsh Goenka
RPG Enterprises chairman Harsh Goenka
Synopsis
Goenka also said India should adopt a centralised model to procure vaccines, involve the private sector in aggressively vaccinating people and invest heavily in health care infrastructure
RPG Group IT services company Zensar Technologies has acquired M3Bi, a US-based data engineering, analytics and business intelligence firm, for $33 million. This is expected to get the Pune-based firm access to three Fortune 500 clients, through whom it can cross-sell services. RPG Enterprises chairman Harsh Goenka told ET’s Priyanka Sangani & Raghu Krishnan that the company would look at acquisitions in eastern Europe as well. Goenka also said
Zensar Technologies Inc, USA, wholly owned subsidiary of Zensar Technologies (the Company), has entered into definitive agreement(s)/document(s) for acquisition of 100% of the membership interests in M3bi, LLC, USA.
Further, the Board of Directors ( Board ), inter-alia, approved/concurred/consented to acquisition of M3bi India, India and accordingly the Company has entered into definitive agreement(s)/document(s) for acquisition of entire equity share capital of M3bi India, subsidiary of M3bi, LLC, USA.
M3bi s capabilities in the areas of data engineering, business intelligence & analytics, data warehousing & big data, as well as digital engineering services, will enhance Zensar s existing data engineering and digital engineering capabilities.