ZENSAR TECHNOLOGIES Surges by 10%; BSE IT Index Up 0.7%
March 27, 2020 10:08 AM

ZENSAR TECHNOLOGIES share price has zoomed 10% and is presently trading at Rs 83.

Meanwhile, the BSE IT Index is at 13,089 (up 0.7%).

Among the top Gainers in the BSE IT Index today are ZENSAR TECHNOLOGIES (up 9.8%) and NIIT TECHNOLOGIES (up 6.8%).

TCS (down 0.9%) and HCL TECHNOLOGIES (down 1.7%) are among the top losers today.

Over the last one year, ZENSAR TECHNOLOGIES has moved down from Rs 230 to Rs 83, registering a loss of Rs 147 (down 64.0%).

On the other hand, the BSE IT has moved down from 15,021 to 13,089, loss of 1,932 points (down 14.4%) 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 31,126 (up 2.6%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 20.5%), AXIS BANK (up 13.4%) and SBI (up 8.1%). Other gainers include BAJAJ FINANCE (up 6.8%) and HDFC BANK (up 4.6%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,039 (up 3.3%). The top gainers in the NSE Nifty include INDUSIND BANK (up 17.7%), AXIS BANK (up 13.7%) and INDIABULLS HOU. FIN. (up 10.2%). Other gainers include SBI (up 8.0%) and BAJAJ FINANCE (up 6.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,233 to 31,126, registering a loss of 7,107 points (down 19.66%).

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 1.3x.