Zensar Technologies Ltd up by 13.86% | Espresso Shot of the Day


Espresso shot of the day – Zensar Technologies Ltd up by 13.86 percent

March 16, 2021
Espresso shot of the day – Zensar Technologies Ltd up by 13.86 percent

ZENSAR TECHNOLOGIES LTD 331.40 (+13.86%)  BSE – INE520A01027| 16TH MARCH 2021

Zensar Technologies Limited is a leading digital solutions and technology services company that specialises in partnering with global organisations across industries on their Digital Transformation journey. Zensar Technologies Limited, a comprehensive range of digital and technology services and solutions enables its customers to achieve new thresholds of business performance. Zensar Technologies Limited helps clients deliberate not only on executing Digital initiatives but on realizing the Return on Digital®. For enterprises to be resilient and successful in the long run, they will need to focus on three aspects - Digital Agility, Cross-over IT and fundamentally the Stability of Core Enterprise Systems. We practice Digital internally as we promote externally – Zensar Technologies Limited runs on Digital. Through Engaging, Operating, Partnering, and Managing Digital, we believe in Living Digital.

Recent Drivers

  • Zensar Technologies Limited reported quarterly net profit at Rs 79.74 crores in December 2020 up 64.04% from Rs 48.61 crores in December 2019.
  • Zensar Technologies Limited reported net sales at Rs 348.73 crores in December 2020 up 5.95% from Rs 329.14 crores in December 2019.
  • On 8th March 2021, Zensar Technologies Limited announced that it has been named a winner at the 11th Annual Aegis Graham Bell Awards (AGBA)an initiative of Aegis School of Data Science, Cyber Security and Telecom.
  • The Board of Zensar Technologies Limited at its meeting held on 25 February 2021 approved and authorised its wholly owned subsidiary Zensar Technologies Inc. to divest 100% of its equity shareholding, held by it in Aquila Technology Corp.
  • On 17th February 2021, Zensar Technologies Limited announced that it has been named a winner in the 2021 BIG Innovation for Technology.
  • On 1st February 2021, Zensar Technologies Limited announced the launch of its integrated Digital XDR (extended threat detection response) solution as part of its Digital Foundation Services offerings.
(Sources: MoneyControl, Business Standard, Zensar.com)

Technical Force*

  • S&P BSE ALL CAP month till date gain up by 2.89%
  • Traded on new 52- week high 346.95
  • Spurt in volume by more than 11.42 times compares to previous vol. 3 months avg qty – 34774
  • Quantity traded 3,18,458 Deliverable quantity 86,366(27.12%)
  • Stock price has jumped more than 370% from one year low level – 63.70 24 March 2020
  • Daily RSI (14) is in overbought territory today, RSI central line crossed above central line 18 periods ago
  • 52 -week high – 346.95 | 52- week low- 63.70

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Some Key Ratios (Source: BSE)

Market Cap: 7474.51 crores

PE: 23.50

OPM%: 35.58

ROE%: 16.26

Promoters holding : 49.22

Prev. Close: 291.05

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.