“Enson acquired Wipro’s business from for $405 million. Post this acquisition, the company has invested millions of dollars more on the new facility and will continue to invest on resources over the next two to three yeas,” Jeff VonDeylen, CEO of Ensono said.

The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.

In past three trading days, the stock has risen 4% after the information technology (IT) services firm on Sunday announced that it has won its largest contract to date from US-based human resources (HR) and financial solutions company Alight Solutions LLC. The stock hit a high of Rs 328 during intra-day trade on Monday, September 3, 2018.

The Bengaluru-headquartered software services exporter said it would help Falck, international supplier of ambulance services, employee health care and roadside assistance, in their transformation journey to establish a scalable and efficient finance operating model.

Appirio India, which specialises on cloud computing based services, reported Rs 11.12 crore profit on revenues of Rs 76.17 crore in FY18. Last financial year, Appirio reported Rs 10.78 crore profit on revenues of Rs 69.74 crore.

National Grid is an electricity, natural gas, and clean energy delivery company that supplies energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island.

The company, India's third largest software services exporter, said this settlement is for the release of all claims under the lawsuit with National Grid US.