What are the trends of Zensar Technologies share price? – Technology Org


Zensar Technologies is a globally focused software and services company with its headquarters located in India. It provides various services, from IT development to Business Process Outsourcing. What are the trends of Zensar Technologies’ share price today, and is it worth buying in the near future?

IT engineers at work - illustrative photo.

IT engineers at work – illustrative photo. Image credit: This is Engineering RAEng via Unsplash, free license

What is Zensar Technologies? (Company profile)

Zensar Technologies was founded in 1991 in Pune, India. Since then, it has grown to become one of the leading digital solutions and technology services companies specializing in providing end-to-end solutions to clients across multiple industries.

Today, the company has a global presence with operations in 29 countries and over 10,000 employees.

Zensar Technologies offers a range of digital transformation services, with main areas of activities concentrated in:

  • software development,
  • artificial intelligence and machine learning,
  • application management,
  • cloudcomputing,
  • blockchain,
  • data analytics,
  • IT consulting,
  • cybersecurity.

Its clients come from a variety of industries, including banking, finance, insurance, healthcare, retail, and manufacturing. In the past, the enterprise has partnered with other technology providers including Microsoft, IBM, and Oracle, among others.

In 2020, Zensar Technologies company was recognized as a leader in the Gartner Magic Quadrant for Application Services, and it was also named a ‘Leader’ in the NelsonHall NEAT Vendor Evaluation for Agile and DevOps Services.

Zensar’s business is spread between North America, the United Kingdom, parts of Europe, and South Africa, with 33 global locations in total. In these markets, Zensar consults IT processes, analyzes information needs, involves in SEO and provides customer interaction and infrastructure services.

Zensar Technologies share price trends as of March 22, 2023 (on a year-to-date basis).

Zensar Technologies share price trends as of March 22, 2023 (on a year-to-date basis). Image credit: Google

What are the trends of Zensar Technologies share price

Zensar’s share price has fallen by 27.11% in the last year. However, it has risen by 26.81% since the beginning of this year, which is a good sign. On the less favorable side, the stock value has been stable in the recent month and therefore it may introduce some uncertainty, particularly among new investors.

The company’s net profit has also been growing by 10.94% in the last 3 years. The company’s sales growth in the last 4 quarters is good at 21.57%.

The net profit margin decreased slightly (9.2% in 2022 vs. 7.1% in the last twelve months), but it would seem sales growth has been positively influenced by this change and resulted in healthy revenue growth.

Yet, some other metrics show some decline. Zensar’s ROE (Return on Equity) has declined in the last twelve months to 12.30% in comparison with the 3 year average, which is 14.07%.

final word

To sum up, it is quite probable that Zensar Technologies’ share price will rise as its financial results are pretty good lately. There is some short-term uncertainty, but the share price has stabilized only for a relatively short period of time. We expect the share value to grow further.

Written by Giedrius Pakalka and Alius Noreika

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