{"id":132757,"date":"2024-09-05T13:41:05","date_gmt":"2024-09-05T08:11:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=132757"},"modified":"2024-09-05T14:43:52","modified_gmt":"2024-09-05T09:13:52","slug":"it-stock-hits-5-upper-circuit-after-it-partners-with-dubai-based-company-for-business-expansion","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-hits-5-upper-circuit-after-it-partners-with-dubai-based-company-for-business-expansion\/","title":{"rendered":"IT stock hits 5% upper circuit after it partners with Dubai based company for expansion"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3459076729\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the BPM service provider hit 5 percent upper circuit of Rs 289.55 apiece after the company announced a strategic partnership with Dubai Dubai-based company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2809504607\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Enser Communications Ltd<\/strong> has a market capitalization of Rs 252 crore, the shares were trading at Rs 289.55 per share, increasing around 4.99 percent as compared to the previous closing price of Rs 275.80 apiece.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reason of Rise:-&nbsp;<\/strong><\/h2><p>Today the company shares have seen positive movement after Enser Communications Ltd has announced a strategic partnership with Global Arc LLC, a Dubai-based company. <\/p><p>Through this partnership, Enser Communications Limited will leverage Global Arc LLC&#8217;s established market\u00a0presence to provide specialized services such as call center operations, client acquisition solutions, CRM processes, customer care, post-sales support, and market research.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-2831161914\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Moreover, this collaboration is set to expand its operations out of India with the objective of establishing a strong foothold in the UAE and other emerging international markets. <\/p><p>Additionally, this strategic alliance will facilitate the integration of Enser\u2019s advanced BPM technology with Global Arc\u2019s market strategies, ensuring a seamless experience for clients and driving growth in both new and existing markets.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial performance:-&nbsp;<\/strong><\/h2><p>Examine the company&#8217;s financial condition, revenue zoomed by 55 percent from Rs 18.09 crore in Q1FY24 to Rs 27.99 crore in Q1FY25, and during the same time frame, net profit zoomed drastically by 50 percent from Rs 2.14 crore to Rs 3.20 crore.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Client Base:-&nbsp;<\/strong><\/h2><p>Enser collaborated with a strong client base across multiple sectors, such as insurance, ed-tech, hospitality, and government agencies, like Max Life Insurance, Oyo, Paytm, doubtful, acko, and others.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Company Profile:-&nbsp;<\/strong><\/h2><p>Enser Communications Limited offers BPM services to the insurance, e-commerce, education, and travel industries. Its activities are divided into four major areas: client acquisition services, customer service, IT infrastructure management, and data management services, which provide complete assistance across sectors.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-686806100\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-903917732\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the BPM service provider hit 5 percent upper circuit of Rs 289.55 apiece after the company announced a strategic partnership with Dubai Dubai-based company.&nbsp; Enser Communications Ltd has a market capitalization of Rs 252 crore, the shares were trading at Rs 289.55 per share, increasing around 4.99 percent as compared to the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":119044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-132757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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