Zensar Technologies said that the compensation committee of the directors has allotted fully paid up 24,592 equity shares of Rs 10 each of the company to its employees.
The stock had underperformed the market over the past one month till Sep. 04, 2014, rising 2.65% compared with the Sensex's 5.30% rise. It underperformed the market in past one quarter, gaining 4.11% as against 9.19% rise in the Sensex.
Shares of the company gained Rs 16.4, or 3.56%, to settle at Rs 477.05. The total volume of shares traded was 17,530 at the BSE (Friday).