Zensar Technologies Ltd., incorporated in the year 1963, is a Mid Cap company (having a market cap of Rs 6967.15 Crore) operating in IT Software sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 882.90 Crore, down -6.00 % from last quarter Total Income of Rs 939.21 Crore and down -14.60 % from last year same quarter Total Income of Rs 1033.90 Crore. Company has reported net profit after tax of Rs 90.63 Crore in latest quarter.
Investment Rationale
With a sustained move above important averages, the stock has managed to surpass its recent high. Shifting its range higher, the stock could revisit the March month high near Rs 340-350.
Promoter/FII Holdings
Promoters held 49.2 per cent stake in the company as of March 31, 2021, while FIIs held 16 per cent, DIIs 24.6 per cent and public and other 10.2 per cent.
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