Zensar Technologies

April 24 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• ZENSAR TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 2.11 BILLION RUPEES

• ZENSAR TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 14.5 BILLION RUPEES

• ZENSAR TECHNOLOGIES LTD - PROPOSES FINAL DIVIDEND OF 12.60 RUPEES PER SHARE

Further company coverage: ZENT.NS

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April 2 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• TO SET UP NEW ENTITY/BRANCH IN QATAR

Source text: ID:nBSElRW6Z

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Feb 3 (Reuters) - Mastek Ltd MAST.NS:

• CLARIFIES REPORT ON CO BEING FRONTRUNNER TO BUY MASTEK IN $900 MILLION DEAL

• SAYS NOT AWARE OF ANY SUCH INFORMATION ON MASTEK DEAL

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** India's IT sub-index .NIFTYIT is the sole gainer among 16 major sectors, rises 0.85%

** Motilal Oswal sees IT services hitting an inflection point in the next 6-9 months, driving strong growth in H2 of FY27 and full-scale uptake in FY28 as enterprises move from pilots to broad deployment

** Notes that the sector trades at a decade-low valuation despite stable profitability, offering asymmetric upside

** Last week, brokerage upgraded Infosys INFY.NS to "buy" from "neutral" as it could be a key beneficiary of enterprise-wide AI spends

** It also upgraded Mphasis MBFL.NS and Zensar ZENT.NS to "buy" from "neutral"; Wipro WIPR.NS revised to "neutral" from "sell"

** Says IT services will stabilize and then grow strongly by FY28 as cloud spending normalizes

** YTD, IT sub-index down 12.7% vs Nifty 50's .NSEI 9.7% rise

(Reporting by Urvi Dugar in Bengaluru)

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July 22 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• APPROVES SETTING UP NEW ENTITY IN SERBIA

Source text: ID:nBSE8Dzw3H

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June 12 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• LEVIED PENALTY OF 17.6 MILLION RUPEES BY TAX DEPARTMENT

Source text: ID:nBSE2XqQ2y

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** Shares of Zensar Technologies ZENT.NS rise as much as 4.5% to 719.40 rupees

** IT services firm on Thursday said it has been selected by UK insurance co Tesco Insurance and Money Services to modernise its end-to-end infrastructure, network and application hosting services and contact centre

** ZENT didn't disclose the expected financial gain from the deal

** Avg rating of 11 analysts equivalent of "Buy", median PT is 850 rupees - LSEG data

** Stock down 4.8% YTD

(Reporting by Ashish Chandra in Bengaluru)

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** Zensar Technologies ZENT.NS climbs 12.6% to record high of 844.25 rupees

** Stock top gainer on Nifty 500 index .NIFTY500, which is up 0.7%

** IT services firm reports ~10% y/y rise in Q3 consol rev

** Stock eyes busiest trading session in three weeks, volumes at 7.5x the 30-day avg

** ZENT rated "buy" on avg; median PT is 850 rupees - LSEG

** Stock gained 23% in 2024 vs 15% rise in NIFTY500

($1 = 86.3850 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Jan 22 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• DIVIDEND OF 2 RUPEES PER SHARE

• DEC-QUARTER CONSOL NET PROFIT 1.6 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 13.26 BILLION RUPEES

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Oct 22 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• SEPT-QUARTER CONSOL NET PROFIT 1.56 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 13.08 BILLION RUPEES

Source text for Eikon: ID:nnAPN2BKJG9

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Zensar Technologies Ltd ZENT.NS:

• ZENSAR TECHNOLOGIES JUNE-QUARTER CONSOL NET PROFIT 1.58 BILLION RUPEES

• ZENSAR TECHNOLOGIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.88 BILLION RUPEES

Source text for Eikon: ID:nNSE5lDb8Y

Further company coverage: ZENT.NS

July 17 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• TO ACQUIRE 100% MEMBERSHIP INTEREST IN BRIDGEVIEW LIFE SCIENCES

• DEAL AT $14 MILLION UPFRONT PAYMENT, ADDITIONAL PAYMENT UP TO $11 MILLION

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Jan 22 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• DEC-QUARTER CONSOL NET PROFIT 1.62 BILLION RUPEES VERSUS 765 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.04 BILLION RUPEES VERSUS 11.98 BILLION RUPEES

• INTERIM DIVIDEND 2 RUPEES PER SHARE

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Dec 1 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• APPROVED MERGER OF FOOLPROOF SINGAPORE PTE WITH ZENSAR TECHNOLOGIES (SINGAPORE) PTE

• CASH CONSIDERATION OF GBP 1 FROM ZENSAR TECHNOLOGIES PTE TO FOOLPROOF

Source text for Eikon: ID:nNSE6vck30

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** Shares of Zensar Technologies ZENT.NS fall 2.36% to 537.75 rupees apiece

** Software company said in a conference organised by domestic brokerage JM Financial on Tuesday that demand in the ongoing quarter will be hurt by furloughs

** Stock set to snap five-day winning streak; ZENT up ~13% over the period aided by expectations that U.S. Federal Reserve will not hike rates again in this cycle

** Of the eight analysts tracking ZENT, three maintain "strong buy", one recommends "buy" and four have "hold"; median PT is 552.50 rupees apiece

** ZENT up 152% in 2023 so far, including today's gains, compared with 13.5% rise in IT index .NIFTYIT

(Reporting by Bharath Rajeswaran in Bengaluru)

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Oct 17 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• INDIA'S ZENSAR TECHNOLOGIES LTD SEPT-QUARTER CONSOL NET PROFIT 1.74 BILLION RUPEES VERSUS 568 MILLION RUPEES

• ZENSAR TECHNOLOGIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 12.41 BILLION RUPEES VERSUS 12.35 BILLION RUPEES

• ZENSAR TECHNOLOGIES LTD - HEALTHCARE AND LIFE SCIENCES WILL NOW BE PURSUED AS A SEPARATE VERTICAL

Source text for Eikon: [ID:]

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July 20 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• JUNE-QUARTER CONSOL NET PROFIT 1.56 BILLION RUPEES VERSUS 751 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.27 BILLION RUPEES VERSUS 12.03 BILLION RUPEES

• APPROVED IN-PRINCIPLE APPROVAL FOR EXPLORING VOLUNTARY WINDING UP OF UNIT ZENSAR TECHNOLOGIES GMBH, GERMANY

• THERE WOULD NOT BE ANY MATERIAL IMPACT ON THE FINANCIALS OR OPERATIONS OF CO DUE TO WINDING UP OF UNIT

Source text for Eikon: ID:nNSE2jcBnp

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** Shares of Zensar Technologies Ltd ZENT.NS rise as much as 5.9% to 411.75 rupees

** ZENT's shares hit highest since Feb. 7, 2022

** About 3.7 mln shares change hands by 12:47 p.m. IST, 1.3x the 30-day avg - Refinitiv Data

** Stock trading above its 50-, 100-, and 200-day exponential moving averages for 24 consecutive sessions; moving average convergence divergence line over signal line, both suggesting bullish momentum

** Relative Strength Index (RSI) over upper limit of 70, indicating stock is overbought

** Eight of nine analysts covering ZENT have a "buy" or higher rating, while one has "hold"; median PT is 385 rupees

** Stock last up 5.2%, extending YTD gains to ~92%

(Reporting by Priya Sagar in Bengaluru)

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** Shares of Zensar Technologies Ltd ZENT.NS rise as much as 9.91% to 341 rupees, their highest since April 22, 2022

** Stock gains after the digital solutions and technology services firm reported over 7% YoY rise in consolidated core profit to 1.76 bln rupees in March quarter nFWN3781WA

** Revenue from operations rises 5% to 12.13 bln rupees in Q4, compared with 11.54 bln rupees a year ago

** Net profit slides marginally to 1.19 bln rupees from 1.30 bln rupees YoY

** Core profit margin expands to 14.51% from 14.21% Y/Y

** ZENT also declares a final dividend of 3.50 rupees per share, subject to shareholders' approval

** Stock is most active in nearly three months, with a trading volume of 7.07 mln shares, more than seven times the 30-day avg - Refinitiv data

** The relative strength index of ZENT is 81, suggesting the stock may be overbought

** Of the 11 analysts tracking ZENT, seven maintain "buy", one suggests "sell" and three recommend "hold"; median TP is 277.50 rupees - Refinitiv data

($1 = 81.7800 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

May 11 (Reuters) - Zensar Technologies Ltd ZENT.NS:

• FINAL DIVIDEND 3.50 RUPEES PER SHARE

• INDIAMARCH-QUARTER CONSOL NET PROFIT 1.19 BILLION RUPEES VERSUS 1.30 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.13 BILLION RUPEES VERSUS 11.54 BILLION RUPEES

Source text for Eikon: ID:nBSE5Jx0Jj

Further company coverage: ZENT.NS

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** Shares of Zensar Technologies Ltd ZENT.NS rises as much as 2.86% to 291.75 rupees, a two-month high

** Stock is most active in six weeks since March 17, with a trading volume of 2.01 mln shares, 2.3 times the 30-day avg

** About 978,880 shares of ZENT change hands in a block, at a price of 286.10 rupees per share, according to Refinitiv data

** The moving average convergence divergence (MACD) line has been above the signal line since April 28, suggesting bullish bias

** Of the 11 analysts tracking ZENT, seven maintain "buy", one suggests "sell" and three recommend "hold" - Refinitiv data

** Digital solutions and technology services provider to declare March quarter results and consider approval of dividend on May 11

($1 = 81.8300 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))