Shares of Zensar Technologies on Friday slipped over 11-percent after the company posted a 32.6-pc drop in profit for the December quarter (Q3FY20).
The stock slipped 11.16-pc to trade at Rs.176.70 on the NSE. On the BSE too, the scrip traded lower by similar slippage at Rs.176.90, down by 10.86-pc during the mid-noon session.
The leading IT Company Zensar Technologies on Thursday reported a 32.6-percent drop in profit to Rs.39.5-Crore for the three months ended Dec-31, 2019.Get more information stock market tips visit our website
In comparison, the company had posted a profit of Rs.58.6-cr in the year-ago period, the Company said in a regulatory filing.
The company’s revenue scaled at Rs.1020.6-Crore, in the same quarter from Rs.1022-Cr, in the equivalent period of the previous year, the company said. Meantime, an interim dividend of Re.1/-per share was approved by the BoD of the Company.
Shares of Zensar Technologies is currently (at 12.30-hrs) trading lower at Rs.176.3,5 down by Rs.22.55 or 11.34 percent from its previous closing of Rs.198.90 on the NSE.
Avail Zensar Technologies from our experts.
At the same time, the Sensex traded at 41534-level, up by 148 points and the Nifty scaled at 12234-mark, up by 53 points in trade.