Zensar Technologies gains on reporting 11.69% rise in Q1 net profit

17 Jul 2013

Zensar Technologies is currently trading at Rs 256.00, up by 7.30 points or 2.94% from its previous closing of Rs 248.70 on the BSE.

The scrip opened at Rs 251.95 and has touched a high and low of Rs 269.05 and Rs 251.95 respectively. So far 38095 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 302.45 on 03-Oct-2012 and a 52 week low of Rs 219.00 on 27-Feb-2013.

Last one week high and low of the scrip stood at Rs 269.05 and Rs 244.00 respectively. The current market cap of the company is Rs 1124.73 crore.

The promoters holding in the company stood at 48.35% while Institutions and Non-Institutions held 12.94% and 38.71% respectively.

Zensar Technologies has reported results for first quarter ended June 30, 2013.

The company has reported 11.69% rise in its net profit after tax at Rs 60.94 crore for the quarter as compared to Rs 54.56 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 2.45% at Rs 533.54 crore for quarter under review as compared to Rs 546.93 crore for the quarter ended June 30, 2012.

Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance, Utilities, Healthcare and Life Sciences.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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