Yes, the stock price of Zensar Tech has experienced notable fluctuations in recent years. For instance, the stock price has appreciated by more than 260% in the past 3 years, but the growth has not been consistent. The graph of stock price movement has seen several ups and downs.
The stock price of Zensar Tech has been ranging between 300-305 per share on BSE.
Stock price of the leading tech company Zensar generally gets affected by the foreign investors’ decisions regarding putting money in the Indian IT firms, the attrition rate in the company and the industry as a whole and the demand for tech in the economy. The fears of recession also impact the stock price of Zensar Tech and other IT firms.
Zensar Tech has always believed in sharing its profits with its shareholders. Likewise, the mid-cap IT firm has been consistently declaring dividends over the past 10 years. In January 2023, the company declared a dividend of 1.5 for the quarter ending on March 31, 2023, to reward its shareholders.
Zensar Technology's ROI (return on investment) depends solely on the amount the company invests and the returns made thereon. ROI is expressed in percentage terms. It is calculated by dividing a company's net profit by its cost of investment. The answer arrived is then multiplied by 100.
Zensar Tech is a virtually debt free company which provides a range of digital solutions and IT services. It is focusing on strategic partnerships and acquisitions and has good long-term growth potential.