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175% Dividend: Mid Cap IT Company Reveals Record Date, Stock Soars 86% In 6-Months

Mid cap company operating in IT Software sector, Zensar Technologies Ltd fixed July 21, 2023 as the record date for final dividend of Rs 3.50 (175%) per equity share of face value Rs 2.00 each for FY 2022-23. Zensar Technologies shares delivered attractive returns to investors with shares soaring 86% in just last 6-months and 205% return in last 3-years. Check details below:

Board of Zensar Technologies Ltd Sets Record Date For Dividend: As per the BSE filing of the company, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and all other applicable, rules, regulations and provisions, please note that the Company has fixed the record date as Friday, July 21, 2023 for payment of final dividend of INR 3.50 (175%) per equity share of face value INR 2.00 each, for FY 2022-23, subject to approval by the members at the 60th AGM."

175% Dividend: Mid Cap IT Co Reveals Record Date, Stock Soars 86% In 6-Mont

Zensar Technologies Stock Performance & Return: Last trading price of Zensar Technologies shares as of July 6, 2023 Rs 389.10 per share with intraday gain of 1.77% on BSE. Its 52-week high price is Rs 418.55 per share and 52-week low price is Rs 202.00 per share, respectively. The company has a market capitalisation of Rs 8,812.49 crore. Zensar Technologies stock offered return of 39% in last 3-months, 81% return YTD, jumped 44% in last 1-year, and 17% in last 2-years. In last 10-years, Zensar Technologies shares delivered 664% return.

Zensar Technologies Recent Quarterly Results: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 1,239.80 crore, up 1.33% as against the last quarter total income of Rs 1223.50 crore. The company in the latest quarter announced its net profit after tax at Rs 119.20 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.

Disclaimer: The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for ay losses. Please consult a professional advisor.

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