Three IT stocks to watch out for on 15 March

Three IT stocks to watch out for on 15 March

by 5paisa Research Team Last Updated: 2022-04-06T14:52:31+05:30

 Wipro has been named a 'Leader' in the 2022 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services.

Yesterday, core equity indices Nifty 50 and Sensex ended in the green territory with gains of 1.45% and 1.68%, at 16,871.30 and 56,486.02. Nifty IT index climbed 1.92%, closing at 36,028. Top gainers of the index include Infosys, Wipro, Coforge, Tata Consultancy Services & Tech Mahindra. 

Keep a close eye on these trending IT stocks on Tuesday, 15 March 2022:

Nazara Technologies – The company along with its wholly-owned subsidiary Nazara Technologies FZ LLC (Nazara Dubai') have recently announced an investment in Griffin Gaming Partners (Griffin) Fund II, L.P as a limited partner in the fund. Nazara Dubai is a limited partner in Griffin Gaming Partners Fund II, L.P for a capital commitment not exceeding USD 4 Million (i.e. Rs 30 crores), payable in cash, in one or more tranches. Nazara Dubai will invest up to USD 1.34 Million (Rs 10 crores) upfront while the rest of USD 2.66 Million (Rs 20 crores) will be deployed for 3 years.

Griffin Gaming Partners Fund II is a leading venture capital firm singularly focused on investing in the global gaming market. The company has decades of investment, advisory and operational experience in the space. 

Wipro – The company has recently announced that it has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services. A total of 17 software vendors were evaluated based on their ability to execute and completeness of vision. According to the report, leaders are skilful in service delivery, have a clear vision of the direction of the service market, and are actively building and improving their competencies to sustain their positions. Wipro’s Experience Command Centre, driven by an organization-wide focus on customer experience and its wide range of capabilities, factored into this recognition.

Aurionpro Solutions – The company’s subsidiary Aurionpro Payment Solutions Pvt Ltd has announced the completion of PCI-DSS certification of “AuroPay”, the innovative payment platform which seeks to be the one-stop-shop covering wide range of services in the payment ecosystem.

Keep a close eye on these counters on Tuesday, 15 March 2022.

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