Cressanda Solutions touches roof on the BSE
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Cressanda Solutions is currently trading at its upper circuit limit of Rs. 32.15, up by 1.50 points or 4.89% from its previous closing of Rs. 30.65 on the BSE.
The scrip opened at Rs. 32.15 and has touched a high and low of Rs. 32.15 and Rs. 32.15 respectively. So far 309724 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 51.20 on 06-May-2022 and a 52 week low of Rs. 0.59 on 31-May-2021.
Last one week high and low of the scrip stood at Rs. 32.15 and Rs. 24.15 respectively. The current market cap of the company is Rs. 1281.16 crore.
The promoters holding in the company stood at 0.10%, while Institutions and Non-Institutions held 0.03% and 99.87% respectively.
Cressanda Solutions has entered into an agreement with a large institutional client for providing tech-powered infrastructure solutions towards unaddressed passenger experience in India. The company is poised to innovate, design and deliver large business projects with technology and software services at its core. The software services include development of business applications, data Sciences, cloud, migration, business process optimization, digital media, technology implementation & maintenance services.
This is a turning point for the company as it launches Cressanda into a pioneering role of bringing about transformation of consumer experience on a gigantic scale. The sheer volume of positively impacted consumers is in millions, almost comparable in volume to the population of a large European country served every 30 days. The company will have numerous Phygital -'Physical and Digital' touchpoints with the consumers while providing end to end solutions such as last-mile transportation, hospitality, housekeeping and digital payments. The company has innovated a package of 'first-of-a-kind' in-transit, Value added offerings to consumers such as home Pick-n-Drop, high speed Wi-Fi, in-App Entertainment, choice of regional cuisines and location-based e-Commerce platform to empower local artisans.
Cressanda Solutions offers a host of IT, Digital Media and IT Enabled services. Cressanda is a software development company that provides middleware products, systems integration services and bespoke software solutions.
