178% Gain In 1-Yr: IT Stock To Consider Dividend Soon, Record Date Is Feb 2

Mid Cap IT Software sector company Zensar Technologies Ltd on January 5 announced about its upcoming Board of Directors' meeting scheduled to be held on January 22, 2024 to consider financial results and interim dividend. Zensar Technologies fixed February 2, 2024 as record date. Zensar Technologies shares gained 52% in last 6-months and rose 178% in last 1-year. Zensar Technologies has a market capitalisation of Rs 13,226.60 crore. Check details below:

Zensar Technologies To Consider, Approve Results, And Interim Dividend: As per the BSE filing of the company dated Jan 5, 2023, "a meeting of Board of Directors ("Board") of the Company, is scheduled to be held on Monday, January 22, 2024, inter-alia, to:

1. Consider and approve Unaudited (Standalone and Consolidated) Financial Results, for the quarter and nine months ended December 31, 2023, and to take on record, the Limited Review Report thereon.

2. Consider a proposal for declaration of Interim Dividend, for the Financial Year 2023-24."

Zensar Technologies Stock Outlook & Return: Last trading price of Zensar Technologies stock on BSE is Rs 583.90 per share. Zensar Technologies shares declined 4.36% in last 1-week, gained 9% in last 3-months, soared 145% in last 3-years, and offered shareholders gain of 154% in last 5-years.

Zensar Technologies Financials: The company for the quarter ended September 30, 2023 declared its net profit at Rs 173.9 crore, up 206.3% YoY as cost optimization measures bore fruits. On a sequential basis, profit soared 11.3%. Revenue for the quarter under consideration rose 0.5% from the year-ago period and 1.1% QoQ to Rs 1,240.8 crore.

Zensar Technologies About: Zensar is a leading technology solutions company with a strong engineering pedigree. Headquartered in Pune, India, it is part of the USD 4.7 billion RPG Enterprises Group, serving over 145 global clients. It has been a public-listed company for over 50 years, disrupting the status quo through our deep engineering capabilities, innovation, and velocity, according to its official website.

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