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Enser Communications Share Price Rises 5%; Trades Ex-bonus Today

03 January 20253 mins read by Angel One
Enser Communications' share price rose 5%, as it traded ex-bonus today.
Enser Communications Share Price Rises 5%; Trades Ex-bonus Today
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Enser Communications share price traded 5% higher at ₹167.15 at noon on the NSE. The stock opened at ₹166.70 on January 3, 2025. The stock’s highest price for the day was ₹167.15, while the lowest was ₹166.70. Enser Communications had set January 3, 2025, as the record date for its bonus equity share issue.

Recent Business Development

In November 2024, Enser Communications, a prominent player in the Business Process Management (BPM) sector, announced the opening of its first service unit in South India, located in Ambattur, Chennai. This expansion marks a significant milestone in the company’s growth strategy, aimed at tapping into one of India’s most dynamic and rapidly growing markets.

This move offers Enser an ideal environment to scale operations, improve service delivery, and enhance customer experience. The company is poised to leverage the region’s growing business ecosystem to further establish itself as a leader in the BPM space.

The new facility will help Enser deliver faster, more efficient solutions to clients in South India, aligning with its commitment to operational excellence and customer satisfaction.

Q2 FY25 Financial Highlights

In Q2 FY25, Enser Communication reported a significant increase in net profit, rising to ₹485.33 lakh, compared to ₹213.97 lakh in Q2 FY24. However, the company’s income from operations saw a decline, standing at ₹3,901.90 lakh against ₹18,115.88 lakh in the same period last year.

The total expenses for Q2 FY25 also rose to ₹3,270.89 lakh, up from ₹2,384.59 lakh in Q2 FY24. Despite the drop in income, the company managed to improve its profitability, reflecting a positive shift in its operational efficiency.

About Enser Communications

Enser Communications Limited is a publicly listed company that focuses on Business Process Management (BPM) services, providing solutions to businesses across industries such as insurance, e-commerce, education, and travel.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

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