Cambridge Technology Enterprises (CTE), an IT services company focused on the convergence of big data and cloud, witnessed a rise in share price on Wednesday after the company received contract from the Netherlands based technology company.

The company will provide operations support for innovative content management platform as a part of contract to the Netherlands based company.

Shares of Cambridge Technology Enterprises are trading at Rs 50.40, up Rs 0.6, or 1.20% at the Bombay Stock Exchange (BSE) on Wednesday at 1:23 p.m.

The scrip has touched an intra-day high of Rs 51.50 and low of Rs 48.50.

Total volume of shares traded on the bourses today was higher by 379.70% to 9,621 compared with 22-day average volume of 2,006.