SASKEN TECHNOLOGIES LTD.
NSE : SASKENBSE : 532663ISIN
CODE : INE231F01020Industry : IT - SoftwareHouse
: Private
BSE1584.45-17 (-1.06 % )
PREV CLOSE (Rs.) 1601.45
OPEN PRICE (Rs.) 1601.90
BID PRICE (QTY) 1583.00 (1 )
OFFER PRICE (QTY) 1588.55 (3 )
VOLUME 211
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1585.00 -12.05 (-0.75 % )
PREV CLOSE(Rs.) 1597.05
OPEN PRICE (Rs.) 1616.00
BID PRICE (QTY) 1585.00 (21 )
OFFER PRICE (QTY) 1587.35 (1 )
VOLUME 3127
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 18-Apr-2024 | Sasken Technologies rises on entering into strategic partnership with JOYNEXT | <p style="text-align: justify;">Sasken Technologies is currently trading at Rs. 1573.00, up by 11.70 points or 0.75% from its previous closing of Rs. 1561.30 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1565.95 and has touched a high and low of Rs. 1589.00 and Rs. 1532.15 respectively. So far 455 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1826.00 on 23-Feb-2024 and a 52 week low of Rs. 789.75 on 21-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1636.45 and Rs. 1509.40 respectively. The current market cap of the company is Rs. 2371.76 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 43.44%, while Institutions and Non-Institutions held 19.66% and 36.90% respectively.</p><p style="text-align: justify;">Sasken Technologies and JOYNEXT, a respected Tier1 player in the automotive industry, have entered into strategic partnership to collaborate on the development and launch of cutting-edge platforms for both in-vehicle systems (navigation, digital cockpit and 5G telematics) and off-vehicle cloud and digital services leveraging emerging technologies for the automotive industry.</p><p style="text-align: justify;">Sasken and JOYNEXT will leverage their complementary expertise, global presence, and strong ecosystems to deliver innovative and integrated solutions to the automotive industry. This collaboration will enable faster time to market with the best IPs and provide unparalleled support throughout the product development process. By combining JOYNEXT's proven advanced automotive solutions with Sasken's innovative automotive hardware and software capabilities, including chip-to-cloud cognitive engineering, connected car solutions, optimised edge computing solutions, computer vision, generative AI, and cybersecurity, the partnership aims to address the complex needs of the automotive market while delivering enhanced customer experiences.</p><p style="text-align: justify;">Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries.</p><div style="text-align: justify;"><br></div> |
| 16-Apr-2024 | Sasken Technologies enters into strategic partnership with JOYNEXT | <p style="text-align: justify;">Sasken Technologies and JOYNEXT, a respected Tier1 player in the automotive industry, have entered into strategic partnership to collaborate on the development and launch of cutting-edge platforms for both in-vehicle systems (navigation, digital cockpit and 5G telematics) and off-vehicle cloud and digital services leveraging emerging technologies for the automotive industry.</p><p style="text-align: justify;">Sasken and JOYNEXT will leverage their complementary expertise, global presence, and strong ecosystems to deliver innovative and integrated solutions to the automotive industry. This collaboration will enable faster time to market with the best IPs and provide unparalleled support throughout the product development process. By combining JOYNEXT's proven advanced automotive solutions with Sasken's innovative automotive hardware and software capabilities, including chip-to-cloud cognitive engineering, connected car solutions, optimised edge computing solutions, computer vision, generative AI, and cybersecurity, the partnership aims to address the complex needs of the automotive market while delivering enhanced customer experiences.</p><p style="text-align: justify;">Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries.</p><div style="text-align: justify;"><br></div> |
| 22-Mar-2024 | Announcement under Regulation 30 (LODR)-Acquisition | This is in continuation to our letter dated September 18, 2023 wherein we have informed your goodselves that the Board of Directors of the Company haveconsidered and approved a proposal for making a strategic investment not exceeding Rs. 50 crores either directly or by entering into a joint venture along withone of the companies having global presence, specializing in Advanced AI/5G/Power driven IP licensing, custom ASIC design and foundry service business. We wishto inform you that pursuant to the said approval of the Board, the Company by investing Rs. 33.20 crores today i.e. March 20, 2024 in one of the companies viz.Anups Silicon Services Private Limited (ASSPL) to acquire 60% equity share capital of ASSPL and subscribe to the Compulsory Convertible Debentures offered bythe ASSPL by way of preferential issue on a private placement basis. Pursuant to said investment, ASSPL will become a subsidiary of the Company. |
| 04-Oct-2023 | Sasken Technologies trades higher on the BSE | <p style="text-align: justify;">Sasken Technologies is currently trading at Rs. 1189.75, up by 120.10 points or 11.23% from its previous closing of Rs. 1069.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1115.00 and has touched a high and low of Rs. 1208.90 and Rs. 1096.25 respectively. So far 11864 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1208.90 on 04-Oct-2023 and a 52 week low of Rs. 774.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1208.90 and Rs. 1068.00 respectively. The current market cap of the company is Rs. 1791.05 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 43.38%, while Institutions and Non-Institutions held 18.60% and 38.02% respectively.</p><p style="text-align: justify;">Sasken Technologies has entered into collaboration with Qualcomm Technologies, Inc., a pioneer in wireless technologies, through the Qualcomm IoT Accelerator Program. This collaboration marks a significant milestone in the realm of Internet of Things (IoT) innovation and underscores both companies' commitment to shaping the future of connected devices and services.</p><p style="text-align: justify;">This collaboration aims to address the challenges faced by various industries in their IoT endeavors, such as achieving seamless integration, scalability, and security. By leveraging Sasken's end-to-end IoT capabilities and Qualcomm Technologies' industry-leading wireless technologies, the collaboration is poised to empower businesses with innovative solutions that drive efficiency, productivity, and transformative growth.</p><p style="text-align: justify;">Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries.</p> |
| 03-Oct-2023 | Sasken Technologies collaborates with Qualcomm | <p style="text-align: justify;">Sasken Technologies has entered into collaboration with Qualcomm Technologies, Inc., a pioneer in wireless technologies, through the Qualcomm IoT Accelerator Program. This collaboration marks a significant milestone in the realm of Internet of Things (IoT) innovation and underscores both companies' commitment to shaping the future of connected devices and services.</p><p style="text-align: justify;">This collaboration aims to address the challenges faced by various industries in their IoT endeavors, such as achieving seamless integration, scalability, and security. By leveraging Sasken's end-to-end IoT capabilities and Qualcomm Technologies' industry-leading wireless technologies, the collaboration is poised to empower businesses with innovative solutions that drive efficiency, productivity, and transformative growth.</p><p style="text-align: justify;">Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries.</p><div style="text-align: justify;"><br></div> |
| 03-Oct-2023 | Sasken Technologies rises on collaborating with Qualcomm | <p style="text-align: justify;">Sasken Technologies is currently trading at Rs. 1095.55, up by 2.85 points or 0.26% from its previous closing of Rs. 1092.70 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1106.75 and has touched a high and low of Rs. 1111.25 and Rs. 1093.00 respectively. So far 213 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1168.45 on 06-Sep-2023 and a 52 week low of Rs. 774.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1138.25 and Rs. 1043.00 respectively. The current market cap of the company is Rs. 1659.13 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 43.38%, while Institutions and Non-Institutions held 18.60% and 38.02% respectively.</p><p style="text-align: justify;">Sasken Technologies has entered into collaboration with Qualcomm Technologies, Inc., a pioneer in wireless technologies, through the Qualcomm IoT Accelerator Program. This collaboration marks a significant milestone in the realm of Internet of Things (IoT) innovation and underscores both companies' commitment to shaping the future of connected devices and services.</p><p style="text-align: justify;">This collaboration aims to address the challenges faced by various industries in their IoT endeavors, such as achieving seamless integration, scalability, and security. By leveraging Sasken's end-to-end IoT capabilities and Qualcomm Technologies' industry-leading wireless technologies, the collaboration is poised to empower businesses with innovative solutions that drive efficiency, productivity, and transformative growth.</p><p style="text-align: justify;">Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries.</p> |
