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ZENSAR TECHNOLOGIES Gains 4%; BSE IT Index Down 1.0%
Mon, 4 Nov 9:30

ZENSAR TECHNOLOGIES Gains 4%; BSE IT Index Down 1.0%Image source: phive2015/www.istockphoto.com

ZENSAR TECHNOLOGIES share price has zoomed 4% and is presently trading at Rs 725.6.

Meanwhile, the BSE IT index is at 40,207.9 (down 1.0%).

Among the top gainers in the BSE IT index today are Tech Mahindra (up 1.0%) and Firstsource Solutions (up 0.7%).

INDIAMART INTERMESH (down 2.1%) and Infosys (down 2.0%) are among the top losers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 489.8 to Rs 725.6, registering a gain of Rs 235.8 (up 48.1%).

On the other hand, the BSE IT index has moved up from 31,060.5 to 40,207.9, registering a gain of 29.5% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 179.0%), Firstsource Solutions (up 120.5%) and PERSISTENT SYSTEMS (up 73.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,073.2 (down 1.0%).

The top losers among the BSE Sensex today are Sun Pharma (down 3.1%) and Infosys (down 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,076.7 (down 0.9%). Bajaj Auto and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 79,073.2, registering a gain of 15,198.2 points (up 23.8%).

ZENSAR TECHNOLOGIES Financial Update...

ZENSAR TECHNOLOGIES net profit fell 10.5% YoY to Rs 1,557 million for the quarter ended September 2024, compared to a profit of Rs 1,739 million a year ago. Net sales rose 5.4% to Rs 13,080 million during the period as against Rs 12,408 million in July-September 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 25.4.


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