3cap Technologies

"Europe is growing faster than the US. That is something we saw this year and this will only gain momentum. There is a lot of latent demand in the region, which will drive growth for the sector," Nasscom President Som Mittal said.

Multibagger picks: PN Vijay bets on Geometric, Allsec Tech

In an interview with CNBC-TV18, PN Vijay, a Portfolio Manager, picks two stocks as his multi-baggers for the day. PN Vijay likes Geometric Software and Allsec Technology. He predicts Geometric Software's target price to be Rs 145 and Allsec Technology's target price to be Rs 100 in the next twelve months.

Geometric gains 15% consecutively since last week

Software services provider Geometric has been continued to witness buying interest since last week, rising nearly 15 percent in seven consecutive sessions since it purchased 3Cap Technologies.

Geometric surges on acquisition of 3Cap Technologies

Geometric shares surged over 5 percent in morning trade after the engineering services and technology solutions provider late on Wednesday announced that its subsidiary, Geometric Europe, has acquired Germany-based 3Cap Technologies GmbH, a specialist in electronics engineering, primarily for the automobile industry.

Geometric acquires 3Cap Technologies for 11m euros

IT firm Geometric said its subsidiary, Geometric Europe, has acquired German company 3Cap Technologies for 11 million euros (Rs 79.19 crore).