News for Zensar Technologies Limited (ZENSARTECH.BO)

Midcap counters such as Bharat Forge, Coforge, National Aluminium, Mazagon Dock, SAIL, Vodafone Idea, Suzlon Energy, RVNL, BSE, Hindustan Zinc, BDL, Premier Energies, Cochin Shipyard, Ola Electric, OIL and Waaree Energies slumped up to 10.16 per cent.

Shares of midcap IT firms like Coforge and Persistent Systems plunged by up to 10% following renewed inflation fears in the U.S. due to President Trump's reciprocal tariffs. Concerns about a potential pullback in tech spending by U.S. companies could impact revenue growth for these firms.

Stocks including Infosys, UltraTech, HCL Technologies, HAL, Asian Paints, BEL, Jio Financial, PFC, Adani Green, ABFRL, Raymond and CESC will be in the spotlight on Friday, March 28.

Sentiments were also negative ahead of US Fed's Federal Open Market Committee (FOMC) set to announce its policy rates today.

The Sensex fell 12.85 points to 74,102.32, while Nifty gained 37.60 points to close at 22,497.90. Realty stocks provided support, but IT and private banks dragged. Analysts cite easing valuations, lower crude prices, and upcoming inflation data as key market factors.

Uncertainty over US trade policy prompted investors to press 'sell' button on domestic market today amid fears that reciprocal tariffs on Indian exports starting April, could impact multiple sectors.

IREDA shares slipped 6.43 per cent to Rs 155.75. Deepak Fertilisers declined 6.81 per cent to Rs 957.75. Redington lost 6.38 per cent to Rs 234.90. Jubilant FoodWorks Ltd also fell 4.82 per cent to Rs 638.15.

Indian markets closed flat post-Budget, reacting to modest capex growth and tax cuts. Nifty has support at 23,280, with resistance at 23,700–24,000. US markets fell on tariff concerns, while European stocks hit record highs. Kalyan Jewellers and RVNL led turnover. Sentiment remained neutral, with mixed stock movements across sectors.

Indian markets extended gains for the fourth session, driven by Larsen & Toubros strong Q3 results and optimism around the Economic Survey. Analysts anticipate a pro-growth budget, potential tax cuts, and continued infrastructure spending to sustain the rally.

Stocks including Tata Steel, Coal India, Wipro, Bank of Baroda, Tata Power, Bajaj Housing, 360 One Wam, Kaynes Technologies and more will be in the spotlight on Tuesday, January 28.

Indian markets closed higher Thursday, with Sensex gaining 115.39 points and Nifty up 50 points, driven by AI optimism, pharma gains, and UltraTech Cement's strong Q3 performance. Analysts anticipate cautious momentum ahead of the 2025 budget.

Zensar Technologies Q3 earnings: The firm posted a 10% rise in revenue in the last quarter. Revenue climbed to Rs 1325.6 crore in Q3 from Rs 1204.1 crore in the year ago period.

Zensar Technologies shares surged nearly 10% after reporting strong Q3FY25 results, with a 10.1% YoY revenue growth to Rs 1,325.6 crore. However, profitability declined 2.7% YoY to Rs 159.8 crore. Operating revenue grew 8.6% YoY, with a PAT margin of 12%. The stock has gained 53.5% over the past year.

The benchmark BSE Sensex rose 27% from September 2023 to August 2024, while the BSE MidCap and BSE SmallCap indices jumped 57% and 50%, respectively

Stocks to Watch today, Monday, July 22: Mukesh Ambani-owned Reliance Industries Limited, last Friday, reported a 5.5% Y-o-Y decline in consolidated profit to Rs 15,138 crore in Q1FY25

D-Street settled at record closing high on Monday, led by financials, index heavyweight Reliance Industries and energy stocks. The volatility indicator ended 15% lower as exit polls predicted that PM Narendra Modi will retain power with a landslide victory. Momentum indicator Moving Average Convergence Divergence showed bullish trade on the counters of Amines & Plasticizers, Advait Infratech, and AMIC Forging, among others.

Sectors pertaining to PSU sectors, railways, defence and aerospace will be on the radar of investors on Monday after the exit poll results as the Modi government is likely to get a third term.

Apr 25, 2024 / 12:00PM GMTOperator Ladies and gentlemen, good day, and welcome to the Zensar Technologies Limited Q4 FY24 earnings conference call, hosted by Ax

Zensar Technologies stock gained 4% to Rs 599.35 against the previous close of Rs 575.20 on BSE. Market cap of the firm climbed to Rs 13,877 crore.