ZENSAR TECHNOLOGIES Surges by 6%; BSE IT Index Up 0.6%
April 5, 2019 09:26 AM

ZENSAR TECHNOLOGIES share price has zoomed 6% and is presently trading at Rs 247.

Meanwhile, the BSE IT Index is at 15,473 (up 0.6%).

Among the top Gainers in the BSE IT Index today is ZENSAR TECHNOLOGIES (up 6.3%).

NIIT TECHNOLOGIES (down 0.3%) and HCL TECHNOLOGIES (down 0.4%) are among the top losers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved up from Rs 189 to Rs 247, registering a gain of Rs 58 (up 29.9%).

On the other hand, the BSE IT has moved up from 12,108 to 15,473, registering a gain of 3,365 points (up 27.8%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were NIIT TECHNOLOGIES (up 52.9%), TCS (up 39.8%) and INFOSYS (up 33.8%).

What About the Benchmark Indices?

The BSE Sensex is at 38,840 (up 0.3%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 1.4%), YES BANK (up 1.3%) and TATA MOTORS (up 1.1%). Other gainers include TATA MOTORS DVR (up 1.1%) and VEDANTA LTD (up 0.9%). The most traded stocks in the BSE Sensex are TATA MOTORS and YES BANK.

In the meantime, NSE Nifty is at 11,662 (up 0.5%). INDUSIND BANK (up 1.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,019 to 38,840, registering a gain of 5,821 points (up 17.6%).

ZENSAR TECHNOLOGIES Financial Update...

ZENSAR TECHNOLOGIES net profit down at Rs 565 million for the quarter ended December 2018, compared to a loss of Rs 602 million a year ago. Net Sales rose 30.5% to Rs 10.4 billion during the period as against Rs 7.9 billion in October-December 2017.

For the year ended March 2018, ZENSAR TECHNOLOGIES reported 3.4% increase in net profit to Rs 2.5 billion compared to net profit of Rs 2.4 billion during FY17.

Revenue of the company grew 1.7% to Rs 31 billion during FY18.

The current Price to earnings ratio of ZENSAR TECHNOLOGIES, based on rolling 12 month earnings, stands at 3.6x.