Birlasoft is currently trading at Rs. 171.70, up by 21.65 points or 14.43% from its previous closing of Rs. 150.05 on the BSE.
The scrip opened at Rs. 151.90 and has touched a high and low of Rs. 177.80 and Rs. 150.20 respectively. So far 801431 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 177.80 on 18-Aug-2020 and a 52 week low of Rs. 47.60 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 177.80 and Rs. 142.30 respectively. The current market cap of the company is Rs. 4825.90 crore.
The promoters holding in the company stood at 40.77%, while Institutions and Non-Institutions held 33.83% and 24.93% respectively.
Birlasoft has entered into a Global Strategic Cloud Alliance with Microsoft to help its clients to accelerate their digital journey. With this collaboration, Birlasoft is strategically positioned to support its enterprise clients with their cloud transformation needs, right from infrastructure to business applications.
Birlasoft has plans to scale its current Microsoft cloud business to $100M. Building on the current collaboration, Birlasoft will focus on delivering end-to-end services on Microsoft Azure, Microsoft 365, and Microsoft Dynamics 365, to its clients. Together with Microsoft, Birlasoft will create innovative industry solutions and enable customers in focus industries to adopt Microsoft cloud technologies and services.
Birlasoft combines the power of domain, enterprise and digital technologies to reimagine business processes for customers and their ecosystem. The company’s consultative and design thinking approach makes societies more productive by helping customers run businesses.
