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Birlasoft leaps 18%, hits 52-week high as it inks pact with Microsoft

The Strategic Cloud Alliance with Microsoft will further strengthen Biralsoft's digital offerings and will allow them to complement their industry expertise, the company said in a statement

In the past one month, the stock has surged 38.35 per cent on the BSE, as against 2.7 per cent rally in the benchmark S&P BSE Sensex
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In the past one month, the stock has surged 38.35 per cent on the BSE, as against 2.7 per cent rally in the benchmark S&P BSE Sensex

SI Reporter New Delhi
Shares of Birlasoft zoomed as much as 18.4 per cent to hit fresh 52-week high of Rs 177.8 on the BSE on Tuesday after the company partner with US-based Microsoft to drive cloud-based Digital Transformation for customers. 

"Birlasoft has plans to scale its current Microsoft cloud business to $100M. Building on the current collaboration, Birlasoft will focus on delivering end-to-end services on Microsoft Azure, Microsoft 365, and Microsoft Dynamics 365, to its clients. Together with Microsoft, Birlasoft will create innovative industry solutions and enable customers in focus industries to adopt Microsoft cloud technologies and services," it said in a statement.

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First Published: Aug 18 2020 | 12:52 PM IST

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