Zensar Technologies shares surge 8%

NEW DELHI: Shares of Zensar Technologies traded 7.73 per cent up in Thursday 's trade at 10:24 am.

Around 17639 shares changed hands on the counter. The stock opened at Rs 74.85 and touched an intraday high and low of Rs 74.85 and Rs 71.35 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 333.95 and a 52-week low of Rs 63.9 .


Guidewire Software has announced promotion of the company as PartnerConnect Consulting Advantage partner.

Financials
Zensar Technologies Ltd., incorporated in the year 1963, is a Mid Cap company (having a market cap of Rs 1560.74 Crore) operating in IT Software sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1020.59 Crore, down -4.82 % from last quarter Sales of Rs 1072.28 Crore and down -1.44 % from last year same quarter Sales of Rs 1035.55 Crore Company has reported net profit after tax of Rs 41.18 Crore in latest quarter.

Zensar Technologies Ltd. key Products/Revenue Segments include Software Development Charges & Other Services which contributed Rs 1370.08 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 48.987686 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 1020.59 crore and net profit of Rs 41.18 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 5.46 and price to book value of 0.77.