Zensar Technologies shares jump 5.86% as Q2 revenue rises 11.5% YoY to Rs1,585.2 Cr and net profit reaches Rs190.2 Cr
India, Oct. 29 -- The Pune-based technology services company has closed its second quarter on a stronger footing, with revenue climbing across every region it serves. Banking work did much of the heavy lifting, while a few other verticals told a more mixed story. Margins recovered too, though profit growth lagged the top line.
The Nifty 50 traded at 22,846, up 0.64%, while the Sensex rose by 0.73% to 73,791 on Thursday. Following this the Shares of Zensar Technologies Ltd are trading at Rs. 526, up 5.86 percent on Thursday. The stock touched the intraday high of Rs. 528.15 after opening at Rs. 503.00 before slipping to a low of Rs. 491.05. The company commands a market capitalization of Rs. 11,753.83 crore.
Banking and AI Work Drive Ze...
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