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Zensar Technologies shares surged nearly 10% after reporting strong Q3FY25 results, with a 10.1% YoY revenue growth to Rs 1,325.6 crore. However, profitability declined 2.7% YoY to Rs 159.8 crore. Operating revenue grew 8.6% YoY, with a PAT margin of 12%. The stock has gained 53.5% over the past year.
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Now as far as the cyclical factors are concerned, which today are visible in some of the segments, maybe due to food inflation, maybe due to the commodity inflation, so that will go away, maybe you can say 3Q was the worst, 4Q might show a little bit better numbers than 3Q.
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President Donald Trump minimized the national security risks of TikTok, days after giving the app a chance to avoid shutdown. He suggested that other electronic products made in China might be a bigger threat. Despite concerns, Trump has credited TikTok for improving his standing among young voters and extended the ban by 75 days.
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