Synopsis: Exato Technologies Limited has secured managed services orders worth Rs. 24.57 crore from iQor India Services Private Limited. The multi-year contracts strengthen the company’s managed services business and improve long-term revenue visibility.
IT services stock gained attention after securing multiple managed services contracts from iQor India Services Private Limited. The latest development is expected to strengthen the company’s order book and support future growth in software and technology-driven business solutions.
Exato Technologies Limited has a total market capitalization of Rs. 367.39 crore, according to data on the BSE. Exato Technologies shares were trading at Rs. 365 apiece on the Bombay Stock Exchange, down by 0.8 percent; the stock has declined around 3.95 percent over the last five sessions, while it has gone down about 9.88 percent in the 30 days. Over a six-month period, the stock has given a return of 30.68 percent, reflecting negative overall performance. The stock’s 52-week high was Rs. 475 and 52-week low was Rs. 266.
Exato Technologies Limited has announced that it has received three separate orders from iQor India Services Private Limited, Noida for professional charges related to managed services operations. The aggregate value of the orders stands at approximately Rs. 24.57 crore excluding taxes, duties and other government-imposed charges. According to the company, the contracts are scheduled to be executed by August and September 2027.
The latest contracts are strategically important for Exato Technologies as they strengthen the company’s position in managed services and enterprise technology solutions. Large multi-year managed services contracts generally improve long-term revenue visibility and support stronger client relationships in the IT services sector.
India’s IT and managed services industry continues benefiting from rising digital transformation spending, enterprise automation, cloud adoption and increasing outsourcing demand from businesses. Technology companies offering software-driven managed services are expected to benefit from growing demand for operational efficiency and digital support solutions.
Exato Technologies Limited, incorporated in 2016, operates as a customer transformation and technology solutions company focused on enhancing customer engagement and operational efficiency. The company provides technology-driven managed services, enterprise solutions and digital business support services across multiple industries.
Overall, the Rs. 24.57 crore order win strengthens Exato Technologies’ order pipeline and supports future business growth. Going forward, client acquisition, execution efficiency, technology spending trends and additional enterprise contracts will remain key factors influencing the company’s future performance
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