Zensar Technologies is currently trading at Rs. 194.05, up by 13.60 points or 7.54% from its previous closing of Rs. 180.45 on the BSE.
The scrip opened at Rs. 186.20 and has touched a high and low of Rs. 197.80 and Rs. 186.20 respectively. So far 19187 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 229.80 on 16-Sep-2019 and a 52 week low of Rs. 63.70 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 197.80 and Rs. 160.60 respectively. The current market cap of the company is Rs. 4068.17 crore.
The promoters holding in the company stood at 49.23%, while Institutions and Non-Institutions held 40.54% and 10.23% respectively.
Zensar Technologies has launched its blockchain based contract management solutions for enterprises. The solutions called Distributed Intelligent Contract Enforcement System (DICES) focuses on contract enforcement while the other solution, called ZenConfluence is an enabling solution on which other applications can run.
DICES is a contract enforcement system which facilitates the conversion and deployment of plain text legal agreements into blockchain-based smart contracts. DICES uses a combination of NLP (Natural Language Processing) and a transpiler (patent pending) to extract the clauses that can be coded to create smart contracts. This helps in tracking and enforce the milestones efficiently, quickly and without manual intervention. ZenConfluence is designed to improve visibility in Hire to Retire cycle for Sub-contractors working for an enterprise. It is designed to improve the entire value chain of subcontracting systems across various enterprise programs across functions like hiring system, payroll, HR systems, finance and invoicing systems etc.
Zensar Technologies, formerly known as ICIL was acquired by the RPG group in 1989. It is a globally focused software and services company spread across eighteen countries across the world.