Zensar Technologies jumped up today morning by over 4.2% to Rs.236.50, with an almost 2 times surge in volumes. Its 52-week high stands at Rs.352.40.
The stock has been selected by European Bank for Reconstruction and Development (EBRD)) as their partner for technology infrastructure modernisation and network services.
EBRD has signed this agreement for three years with an option to extend the relationship.
Zensar would lead and manage the complete infrastructure rationalization and transformation including service desk, end-user technology, Nextgen DC (data centre) and cloud management, and special transformation projects to support EBRD’s digital transformation.