Hinduja Global Solutions rises as its arm wins contract from UKHSA to provide critical services
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Hinduja Global Solutions is currently trading at Rs. 2716.50, up by 29.45 points or 1.10% from its previous closing of Rs. 2687.05 on the BSE.
The scrip opened at Rs. 2738.90 and has touched a high and low of Rs. 2754.90 and Rs. 2684.90 respectively. So far 4949 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3948.00 on 04-Jan-2022 and a 52 week low of Rs. 1130.95 on 04-Mar-2021.
Last one week high and low of the scrip stood at Rs. 2820.00 and Rs. 2403.15 respectively. The current market cap of the company is Rs. 5615.28 crore.
The promoters holding in the company stood at 67.13%, while Institutions and Non-Institutions held 7.43% and 25.43% respectively.
Hinduja Global Solutions’ (HGS) subsidiary -- HGS UK has been selected by the UK Health Security Agency (UKHSA) to provide critical customer support to UK citizens for an initial period of two years, with an option to extend further. The partnership is already underway having launched earlier last week, and the contract could be worth up to 211 million pound (Rs 2,100 crore) across the term of the contract, employing over 2,000 Work @Home positions across the UK.
The UKHSA is responsible for NHS Test & Trace and this contract will assist with future contact tracing needs for Covid-19 and other health security risks such as a large flu outbreak or new pandemic.
HGS is a global leader in business process management (BPM) and optimizing the customer experience lifecycle, HGS is helping make its clients more competitive every day.
