Thursday 22 January 2015

Polaris Consulting rallies over 4% as Jhunjhunwala hikes stake

     Ace investor Rakesh Jhunjhunwala has hiked his stake in Polaris Consulting and Services from 1.58% at the end of September 2014 quarter to 3.83% in December quarter.
     Polaris is a full-spectrum Financial Technology major, using technology as an enabler to drive unprecedented operational productivity in Retail, Corporate and Investment Banking. Polaris services over 200 banks across the world, including 9 of the top 10 banks, with a comprehensive suite of products, services and consulting offerings.
     Polaris Consulting & Services is currently trading at Rs. 172.00, up by 5.60 points or 3.73% from its previous closing of Rs. 166.40 on the BSE.

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