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.
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 previous closing price of Rs 275.80 apiece.
Is Enser Communications a buy or sell? What is its Fair Value? What are the company's health parameters? What are the positive and negative factors driving the company -- ProTips? Know all the answers on the company's overview page here.
Reason of Rise:-
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.
Through this partnership, Enser Communications Limited will leverage Global Arc LLC’s established market presence to provide specialized services such as call center operations, client acquisition solutions, CRM processes, customer care, post-sales support, and market research.
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.
Additionally, this strategic alliance will facilitate the integration of Enser’s advanced BPM technology with Global Arc’s market strategies, ensuring a seamless experience for clients and driving growth in both new and existing markets.
Financial performance:-
Examine the company’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.
Client Base:-
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 (NS:PAYT), doubtful, acko, and others.
Company Profile:-
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.
Written by:- Abhishek Singh
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