SENSEX
NIFTY 50
Hang Seng
Taiwan Weighted
MCX GOLD APR 05
MCX SILVER MAR 05
USD/INR
EUR/INR80.0630

SENSEX
NIFTY 50
NIFTY MIDCAP 100
S&P BSE MIDCAP
Hang Seng
Taiwan Weighted
DAX
Nasdaq
MCX GOLD APR 05
MCX SILVER MAR 05
MCX CRUDEOIL MAR 19
MCX NATURALGAS MAR 26
USD/INR
EUR/INR
GBP/INR
JPY/INR

Closing Bell: Sensex, Nifty slip over 1 percent; metals, banks drag

Asian stocks edge higher, Aussie in demand on recovery signs

Today's stock tips by Sudarshan Sukhani, Mitessh Thakkar

Rupee slumps 27 paise to 72.99 against US dollar in early trade

Consistent growth and margin are the goals: Zensar Technologies

Updated : January 22, 2021 01:08 PM IST

Ajay S Bhutoria, CEO and MD of Zensar Technologies, discusses Q3 numbers and said the company had good results.

"We have had some softness primarily due to softness in one of our tier-I clients in the hi-tech sector. Outside of that, across the business, we have seen some pretty good results. Consumer services businesses grew by 7.7 percent, BFS grew by 5.5 percent, South Africa business grew by 11.2 percent, and the UK business grew by 6.3 percent so we have seen some good results coming out of those businesses,” Bhutoria told CNBC-TV18 in an interview.

"In terms of margins, we have done quite well. We stand on a pretty small business. Cash position has been the best ever in the company’s history -- $160 million. So, it has been an operationally very strong quarter for us," he added.

While giving a growth outlook, Bhutoria said, "Consistent growth at the consistent margin is my goal. We will continue to deeply focus on making sure that we continue to retain that market share not just within that one customer but the overall hi-tech portfolio as well."

You May Also Like

Wipro's BFSI business to grow with $1.45 billion acquisition of Capco

Wipro's BFSI business to grow with $1.45 billion acquisition of Capco

Wipro to buy UK-based consultancy Capco for $1.45 bn, its biggest acquisition so far

Wipro to buy UK-based consultancy Capco for $1.45 bn, its biggest acquisition so far

Seeing a commodity boom; gold prices to settle at $1,700-1800/oz in 2021: Citi's Edward Morse

Seeing a commodity boom; gold prices to settle at $1,700-1800/oz in 2021: Citi's Edward Morse

Trending on CNBC-TV18

Live TV

recommended for you