ICRA rating booster for Zensar Tech

Shares of Zensar Technologies may see buying interest on Monday following a rating upgrade. In a post-market disclosure, Zensar said ICRA had upgraded its long-term rating to (ICRA) AA+ from (ICRA) AA with stable outlook. ICRA has also re-affirmed the company's short-term rating at (ICRA) A1+. AA rated instruments are seen as having high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.