ZEN TECHNOLOGIES Stock Price Today Up 4%

Image source: ipopba/www.istockphoto.com

ZEN TECHNOLOGIES stock price has risen by 4% and is currently trading at Rs 1,435.0.

Meanwhile, the BSE IT index stands at 40,615.8.

Among the top gainers in the BSE IT index today were PERSISTENT SYSTEMS (up 3.7%) and CYIENT (up 2.6%).

Wipro (down 9.2%) and INTELLECT DESIGN (down 4.3%) are among the biggest losers today.

Over the past year, ZEN TECHNOLOGIES has risen from Rs 602.6 to Rs 1,435.0, a gain of Rs 832.4 (up 138.1%).

The BSE IT index, on the other hand, rose from 31,739.1 to 40,615.8, up 28.0% in the last 12 months.

The top gainers among the BSE IT index stocks during the same period were Oracle Financial Services (up 176.2%), PERSISTENT SYSTEMS (up 90.9%) and INFIBEAM AVENUES (up 86.2%).

July 24, 5:00 PM: Your chance to hear about the secret of Rahul Shah’s wealth

What about the benchmark indices?

The BSE Sensex is at 80,542.5 (down 0.1%).

The biggest losers in the BSE Sensex today are Reliance Ind. (down 3.4%) and Kotak Bank (down 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

Meanwhile, NSE Nifty is at 24,515.9 (down 0.1%). Wipro and Reliance Ind. are among the top losers in NSE NIFTY.

The BSE Sensex has risen from 66,795.1 to 80,542.5 over the last 12 months, up 13,747.4 points (up 20.6%).

ZEN TECHNOLOGIES Financial update…

ZEN TECHNOLOGIES’ net profit grew 60.8% YoY to Rs 376 million for the quarter ended March 2024, compared to a profit of Rs 234 million a year ago. Net sales increased 47.5% to Rs 1,414 million during the period, compared to Rs 959 million in Jan-Mar 2023.

For the year ended March 2023, ZEN TECHNOLOGIES reported a 1814.8% increase in net profit to Rs 500 million as compared to a net profit of Rs 26 million in FY22. The company’s revenue grew 213.7% to Rs 2,188 million in FY23.

The current price-earnings ratio of ZEN TECHNOLOGIES, based on earnings over the past 12 months, is 93.1.

Indian Stock Market Update: Top Gainers and Losers