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ZENSAR TECHNOLOGIES Plunges 4%; BSE IT Index Down 0.0%
Wed, 11 Sep 14:30

ZENSAR TECHNOLOGIES Plunges 4%; BSE IT Index Down 0.0%Image source: Chunumunu/www.istockphoto.com

ZENSAR TECHNOLOGIES share price has plunged 4% and is presently trading at Rs 765.0.

Meanwhile, the BSE IT index is at 43,224.6 .

Among the top losers in the BSE IT index today are INFIBEAM AVENUES (down 5.4%) and Firstsource Solutions (down 2.3%).

CYIENT (up 3.1%) and KPIT TECHNOLOGIES (up 1.7%) are among the top gainers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 549.9 to Rs 765.0, registering a gain of Rs 215.2 (up 39.1%).

On the other hand, the BSE IT index has moved up from 32,896.4 to 43,224.6, registering a gain of 31.4% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 159.9%), Firstsource Solutions (up 87.8%) and PERSISTENT SYSTEMS (up 79.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,601.1 (down 0.4%).

The top losers among the BSE Sensex today are Tata Motors (down 5.9%) and M&M (down 1.6%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 24,940.3 (down 0.4%). Tata Motors and ONGC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 81,601.1, registering a gain of 14,474.0 points (up 21.6%).

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 26.0.


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