Birlasoft jumps on strengthening relationship with SAP

Birlasoft is currently trading at Rs. 329.60, up by 3.70 points or 1.14% from its previous closing of Rs. 325.90 on the BSE.

The scrip opened at Rs. 328.05 and has touched a high and low of Rs. 331.50 and Rs. 325.90 respectively. So far 54031 shares were traded on the counter.

birlasoft peoplesoft1
birlasoft peoplesoft1

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 585.85 on 10-Jan-2022 and a 52 week low of Rs. 306.60 on 15-Jul-2022.

Last one week high and low of the scrip stood at Rs. 343.25 and Rs. 316.25 respectively. The current market cap of the company is Rs. 9206.58 crore.

The promoters holding in the company stood at 40.32%, while Institutions and Non-Institutions held 36.36% and 23.32% respectively.

Birlasoft has strengthened its relationship with SAP, by leveraging RISE with SAP to transform its digital landscape onto the cloud. With enterprises adopting a ‘Cloud-First’ strategy, this move will enable Birlasoft to accelerate their clients’ transformation journeys substantially.

A global SAP Partner, Birlasoft has successfully completed the entire migration from its SAP S/4HANA on-premises instance to SAP S/4HANA Cloud, within six months, across more than 20 countries where it has business operations.

With the implementation of RISE with SAP, the company has streamlined and modernized its operations, to drive innovation across its business functions including chosen HR, Total Records, Cash management, Data services, integration services, and services for SAP deployment, in addition to the cloud edition of RISE with SAP.

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.

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