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ZENSAR TECHNOLOGIES Gains 3%; BSE IT Index Up 1.5%
Tue, 6 Aug 10:46

ZENSAR TECHNOLOGIES Gains 3%; BSE IT Index Up 1.5%Image source: Nikada/www.istockphoto.com

ZENSAR TECHNOLOGIES share price has zoomed 3% and is presently trading at Rs 753.5.

Meanwhile, the BSE IT index is at 39,793.5 (up 1.5%).

Among the top gainers in the BSE IT index today are Firstsource Solutions (up 11.2%) and Sonata Software (up 4.0%).

INDIAMART INTERMESH (down 0.1%) is among the top losers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 481.3 to Rs 753.5, registering a gain of Rs 272.2 (up 56.6%).

On the other hand, the BSE IT index has moved up from 30,385.2 to 39,793.5, registering a gain of 31.0% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 162.0%), INFIBEAM AVENUES (up 112.7%) and Firstsource Solutions (up 111.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,156.7 (up 0.5%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 2.1%) and JSW Steel (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,155.9 (up 0.4%). Tech Mahindra and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,782.8 to 79,156.7, registering a gain of 13,373.9 points (up 20.3%).

ZENSAR TECHNOLOGIES Financial Update...

ZENSAR TECHNOLOGIES net profit grew 1.1% YoY to Rs 1,579 million for the quarter ended June 2024, compared to a profit of Rs 1,562 million a year ago. Net sales rose 5.0% to Rs 12,881 million during the period as against Rs 12,272 million in April-June 2023.

For the year ended March 2024, ZENSAR TECHNOLOGIES reported 103.0% increase in net profit to Rs 6,650 million compared to net profit of Rs 3,276 million during FY23. Revenue of the company grew 1.1% to Rs 49,019 million during FY24.

The current Price to earnings ratio of ZENSAR TECHNOLOGIES, based on rolling 12 month earnings, stands at 25.6.


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