SASKENNSESasken Technologies Limited· Computers - SoftwareMediumPositive
Announced Thu, 16 Apr · 12:06 IST

Sasken Technologies Limited has informed the Exchange regarding a press release dated April 16, 2026, titled " Sasken Announces Hyderabad Center of Excellence to Scale Product Engineering and Digital Innovation".

Business Updates View source PDF

SASKEN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.7%1-day move
₹1290.00
prior close
₹1294.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.5+0.4+0.4+4.7+2.8+2.3+1.2-0.8+1.2+5.5+42.6+71.4+52.9
Up moveDown movePending
AI summary

Sasken Technologies has launched a new Center of Excellence in Hyderabad to strengthen its product engineering and digital innovation capabilities. The facility will focus on next-generation engineering across connected devices, 5G platforms, IoT solutions, embedded systems, and digital product engineering for industries including Automotive, Smart devices, HiTech, and Satellite communication. The company deepened its existing collaboration with Qualcomm and their OEMs. As part of the expansion, Sasken appointed Nirmala Datla as Site Leader and plans to hire over 100 specialized engineering professionals in high-skill roles across semiconductors, ODM, automotive, and Data Science. Hyderabad was chosen for its strong technology talent ecosystem.

Likely market impact

The announcement signals strategic capacity expansion with no immediate revenue impact. Hiring plans and deeper Qualcomm partnership could support future growth but represent operational expansion rather than concrete order wins.