ZENSAR TECHNOLOGIES Plunges by 13%; BSE IT Index Down 12.4%
March 13, 2020 09:35 AM

ZENSAR TECHNOLOGIES share price has plunged 13% and is presently trading at Rs 102.

Meanwhile, the BSE IT Index is at 12,523 (down 12.4%).

Among the top losers in the BSE IT Index today are ZENSAR TECHNOLOGIES (down 13.4%) and TCS (down 14.4%).

Over the last one year, ZENSAR TECHNOLOGIES has moved down from Rs 223 to Rs 102, registering a loss of Rs 121 (down 54.3%)..

The BSE IT has moved down from 14,990 to 12,523, loss of 2,467 points (down 16.5%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].

What About the Benchmark Indices?

The BSE Sensex is at 31,221 (down 9.4%).

In the meantime, NSE Nifty is at 9,133 (down 10.1%).

Over the last 12 months, the BSE Sensex has moved down from 37,536 to 31,221, registering a loss of 6,315 points (down 20.91%).

ZENSAR TECHNOLOGIES Financial Update...

ZENSAR TECHNOLOGIES net profit down at Rs 412 million for the quarter ended December 2019, compared to a loss of Rs 565 million a year ago. Net Sales declined 1.4% to Rs 10.2 billion during the period as against Rs 10.4 billion in October-December 2018.

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 1.5x.