Rolta spurts on deal with CA

DALAL STREET SPIKES

Rolta India jumped nearly seven per cent to close at Rs 174.45 on the BSE following the company's announcement of a three-year agreement to provide expert implementation, customization and integration services to Computer Associates' (CA) customers across North America.

The agreement to use Rolta's onshore and offshore resources will supplement services provided by (CA) Technology Services' internal staff across the full spectrum of CA's data security, network and systems management and service management solutions. About 96 per cent of Rolta's revenue is derived from its CAD/ CAM/ GIS business.

It dominates (70 per cent) the GeoSpatial market in India and expects to remain at the cutting-edge of GeoSpatial technologies. Rolta is also a leading provider of Plant Design Automation (PDA) solutions in India, with an over 80 per cent market share.