Zensar Technologies shares are 52 weeks high with a ‘multi-million dollar’ contract with the city of San Diego

Zensar Technologies has hit a 52-week high of Rs 439.30, gaining 5% internal on August 13 after the company signed a “multi-million dollar” contract with the US city of San Diego.

“… has signed a four-year, multi-million dollar contract with the City of San Diego for Workplace and Enterprise Compute Manage IT Services,” the company said.
The contract has the option of extending two additional two-year terms and the total does not exceed $ 122 million.

“We are pleased that the City of San Diego has selected Zensar as its provider of computer companies and workplaces,” said Ajay S Bhutoria, CEO and Managing Director of Zensar.

“Zensar strongly believes that technology should be used for the needs of the people, and has invested in combining human knowledge, engineering, data and the cloud to deliver solutions that empower smart cities and fast-moving businesses. We are proud of our continued cooperation with one of the most forward-looking cities in the United States, “he added.

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As part of the Corporate Social Responsibility program, Zensar will be supporting science, technology, engineering and mathematics (STEM) youth education by investing in programs in the San Diego region.

Zensar will increase STEM support in San Diego by providing scholarships, paid internships for students from troubled communities, who participate in career ideas, conduct public speaking interviews, and invest continuously in educational opportunities, he said.
Zensar Technologies is a world-renowned software services company that focuses on end-to-end services from IT development to deployment of business processes, from consultation to implementation.

For 1035 hours, Zensar Technologies was quoting Rs 430.70, up Rs 12.55, or 3 percent, on BSE.

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