ZENSAR TECHNOLOGIES share price has plunged 4% and is presently trading at Rs 740.0.
Meanwhile, the BSE IT index is at 42,733.6 (down 2.8%).
Among the top losers in the BSE IT index today are Mphasis (down 5.6%) and Oracle Financial Services (down 4.8%).
INFIBEAM AVENUES (up 0.7%) and TANLA SOLUTIONS (up 0.3%) are among the top gainers today.
Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 513.8 to Rs 740.0, registering a gain of Rs 226.2 (up 44.0%).
On the other hand, the BSE IT index has moved up from 33,207.2 to 42,733.6, registering a gain of 28.7% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 174.7%), Firstsource Solutions (up 83.1%) and PERSISTENT SYSTEMS (up 75.7%).
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The BSE Sensex is at 83,255.1 (up 0.2%).
The top gainers among the BSE Sensex today are Bajaj Finance (up 2.5%) and HDFC Bank (up 1.7%). The most traded stocks in the BSE Sensex are NTPC and SBI.
In the meantime, NSE Nifty is at 25,458.9 (up 0.2%). Shriram Transport and Bajaj Finance are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,596.8 to 83,255.1, registering a gain of 15,658.3 points (up 23.2%).
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 25.2.
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