Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ZENSAR TECHNOLOGIES Gains 4%; BSE IT Index Up 2.1%
Wed, 23 Oct 11:6

ZENSAR TECHNOLOGIES Gains 4%; BSE IT Index Up 2.1%Image source: alexsl/www.istockphoto.com

ZENSAR TECHNOLOGIES share price has zoomed 4% and is presently trading at Rs 683.2.

Meanwhile, the BSE IT index is at 42,245.3 (up 2.1%).

Among the top gainers in the BSE IT index today are PERSISTENT SYSTEMS (up 11.1%) and Coforge (up 11.1%).

TANLA SOLUTIONS (down 2.7%) and INDIAMART INTERMESH (down 0.6%) are among the top losers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 478.2 to Rs 683.2, registering a gain of Rs 205.0 (up 42.9%).

On the other hand, the BSE IT index has moved up from 31,255.0 to 42,245.3, registering a gain of 35.2% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 185.4%), Firstsource Solutions (up 107.7%) and PERSISTENT SYSTEMS (up 97.2%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 80,429.3 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 5.2%) and Bajaj Finserv (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,587.0 (up 0.5%). Bajaj Finance and Bajaj Auto are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,429.3, registering a gain of 15,857.4 points (up 24.6%).

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 23.9.


Equitymaster requests your view! Post a comment on "ZENSAR TECHNOLOGIES Gains 4%; BSE IT Index Up 2.1%". Click here!