Zensar Technologies, an IT and BPO services provider, has reported new multimillion-dollar wins in the United States and Europe. It has won new IT outsourcing deals worth about Rs 1 billion from companies in the US and Europe.
Ganesh Natarajan, vice chairman and CEO, Zensar Technologies said, ''Zensar's business in our key markets of USA, UK, Europe and Africa continues to be robust with new wins in these territories in both our core businesses, enterprise application services and infrastructure management.''
The company has signed a deal with a large multibillion dollar American enterprise that designs and builds specialty trucks and military vehicles and that operates as a leader in every market in which it competes. It has also signed deal in the dual shore IM space with an existing American client.
Nitin Parab, chief executive and head, Enterprise Transformation Business, Zensar said, ''Our strategies for new client acquisition and for supersizing deals in the US region have begun to show significant traction helping provide the necessary boost to sales. The client acquisition in the US has shown optimistic trends in core verticals that we are focusing on. The order book for the year ahead looks strong and we hope to close some significant deals in the pipeline in the coming months.''
Shares of the company gained Rs 11.8, or 3.06%, to trade at Rs 397.95. The total volume of shares traded was 30,105 at the BSE (2.39 p.m., Tuesday).