Datamatics Global Services Ltd., an IT solutions and business process management firm, witnessed its stock price surge by over 23% this week.
The company’s strong performance in the first quarter of the current fiscal year and its recent collaboration with Microsoft to create AI solutions through Copilots are the main reasons for Datamatics’ stock price rise.
Key features of Datamatics’ first-quarter results include revenue growth of 12% year-over-year and a 15% rise in net profit over the same period last year.
Stock Performance on Friday
– Open: ₹673.05
– High: ₹721.00
– Low: ₹665.10
TOPICS:
Datamatics