Zensar Technologies fell 1.11% to Rs 616.65 at 10:45 IST on BSE, with the stock sliding on profit taking after recent rally triggered by the firm securing multimillion dollar deals in its Infrastructure Management Business in the US this month.
Meanwhile, the S&P BSE Sensex was up 217.99 points or 0.8% at 27,459.77.
On BSE, so far 11,000 shares were traded in the counter as against average daily volume of 15,099 shares in the past one quarter.
The stock hit a high of Rs 625 and a low of Rs 613.30 so far during the day. The stock had hit a record high of Rs 685 on 22 September 2014. The stock had hit a 52-week low of Rs 332 on 19 May 2014.
The small-cap software services and infrastructure provider has equity capital of Rs 43.96 crore. Face value per share is Rs 10.
Shares of Zensar Technologies had rallied 7.67% to settle at Rs 623.55 on 26 December 2014, after the company during market hours on 26 December 2014 said it has secured significant multimillion dollar deals in its Infrastructure Management Business in the US in December 2014.
Zensar Technologies' consolidated net profit rose 20.28% to Rs 67.31 crore on 7.09% growth in net sales to Rs 647.66 crore in Q2 September 2014 over Q1 June 2014.
Zensar Technologies is a leading software and infrastructure services and solutions provider with industry expertise across manufacturing, retail, insurance, utilities, banking, financial services and government.
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