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27-08-2024 02:16 PM | Source: Accord Fintech
Datamatics Global Services hits upper circuit on partnering with Microsoft

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Datamatics Global Services is currently trading at upper limit of Rs. 673.20, up by 112.20 points or 20.00% from its previous closing of Rs. 561.00 on the BSE.

The scrip opened at Rs. 569.90 and has touched a high and low of Rs. 673.20 and Rs. 558.00 respectively. So far 239110 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 790.20 on 05-Dec-2023 and a 52 week low of Rs. 455.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 673.20 and Rs. 555.00 respectively. The current market cap of the company is Rs. 3974.00 crore.

The promoters holding in the company stood at 66.44%, while Institutions and Non-Institutions held 2.36% and 31.20% respectively.

Datamatics Global Services has partnered with Microsoft to develop its own copilot solutions focusing on process automation to accelerate business transformation for organizations. The company has launched a Partner On-boarding Copilot available on the Microsoft Teams store which integrates Azure OpenAI with Datamatics Intelligent Automation Platform. With this new feather in the cap, the company was recognized as one of the ISVs building an ISV custom copilot solution. 

The company advances its copilot innovation by customizing solutions for each organization with support for Microsoft 365 or creating custom copilots for each unique client organization. This enables organizations to maximize the potential of copilots through a personalized, consultative approach rather than a one-size-fits-all method. Datamatics, a recognized partner in the Copilot Partner Ecosystem, is advancing its technological collaboration with Microsoft by becoming a beta partner for Microsoft's private preview Copilot initiatives, specifically tailored for the developer community.

Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.