Zensar Technologies Ltd. News and Updates

Name: Latest research reports of Zensar Technologies Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Zensar Technologies Ltd.
Rating: 3
Author: Axis Direct

Keep track of all breaking news on Zensar Technologies Ltd. from all sources in a single place.

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Zensar Technologies Ltd.

25 Jan 2021

818.70

-3.28%

Result Update:Zensar Tech.

Hold: Zensar Technologies Ltd.

Target

Axis Direct

We recommend HOLD and assign 12x P/E multiple to its FY23E earnings of Rs. 22.7 per share which gives a TP of Rs. 263 per share, an upside of 9%.

Zensar Technologies Ltd. is trading above its 200 day SMA of 762.1

Zensar Technologies Ltd.

29 Dec 2020

818.70

-3.28%

Zensar Technologies

Buy: Zensar Technologies Ltd.

Target

ICICI Securities Limited

Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. Consumers now prefer to transact (buy a product) virtually over the smartphone via an app instead of physical transaction. This has led to virtualisation of business models. In addition, to keep business up and running in a work from home scenario, technology is gaining traction. As a result, new age technologies like cybersecurity (to protect business from work from home scenario), app development (to help customer transact virtually) and Cloud (to enable...

Zensar Technologies Ltd. is trading below its 30 day SMA of 846.8

Zensar Technologies Ltd.

26 Nov 2020

818.70

-3.28%

Zensar the cheapest IT stock despite its recent smart rally

Moneycontrol

With a focus on key verticals of manufacturing hitech, and insurance and traction in nextgen cloud services, the quality of earnings of Zensar should improve

Zensar Technologies Ltd. has gained 29.24% in the last 3 Months

Zensar Technologies Ltd.

04 Nov 2020

818.70

-3.28%

Buy Zensar Technologies; target of Rs 210: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Zensar Technologies recommended buy rating on the stock with a target price of Rs 210 in its research report dated October 30, 2020.

Zensar Technologies Ltd. has gained 29.24% in the last 3 Months

Zensar Technologies Ltd.

02 Nov 2020

818.70

-3.28%

EARNINGS UPDATE- ZENSAR TECH LTD 2QFY21

Buy: Zensar Technologies Ltd.

Chola Wealth Direct

Background: Zensar is a leading digital solutions and technology services company that specialises in partnering with global organisations across industries on their Digital Transformation journey. A technology partner of choice, backed by strong track-record of innovation; credible investment in Digital solutions; assertion of commitment to client's success, Zensar's comprehensive range of digital and technology services and solutions enable its customers to achieve new thresholds of business performance. Zensar, with its experience in delivering excellence and superior client satisfaction through myriad technology solutions, is uniquely positioned to help them surpass challenges around running their existing business most efficiently, helping in their legacy transformation, and planning for business expansion...

Zensar Technologies Ltd.'s price crossed below 50Day SMA today

Zensar Technologies Ltd.

02 Nov 2020

818.70

-3.28%

Result Update:Zensar Tech.

Hold: Zensar Technologies Ltd.

Target

Axis Direct

Zensar reported Q2 FY21 results much in line with expectations. Revenue for the period of Q2 FY21 stood at Rs. 979 cr decline by 1.2% QoQ. Operating margin reported a strong growth of 340bps and stood at 18.8%. Net income grew by 21.7% QoQ and stood at Rs. 89.2 cr.

Zensar Technologies Ltd.'s price crossed below 50Day SMA today

Zensar Technologies Ltd.

31 Oct 2020

818.70

-3.28%

Big margin improvement, but awaiting growth recovery

Neutral: Zensar Technologies Ltd.

Target

Motilal Oswal

While Zensar's (ZENT) 2QFY21 revenue performance impacted by restructuring at its top client was in line with our expectation, it was meaningfully below growth seen at its mid-cap peers. With the drag in top...

Zensar Technologies Ltd. is trading above its 200 day SMA of 762.1

Zensar Technologies Ltd.

30 Oct 2020

818.70

-3.28%

Zensar Technologies

Buy: Zensar Technologies Ltd.

Recommendation Target

ICICI Securities Limited

The company expects weakness in the top client to continue in the next two quarters. Coupled with a significant dip in H1FY21 & sale of third party maintenance segment, we expect FY21E revenues to decline 12.0% YoY. In the longer term, we expect the company to register healthy growth in core revenues (i.e. excluding third party maintenance revenues) mainly led by improving order book (increased 16.7% QoQ in Q2FY21), deal pipeline (US$1.5 billion), net new wins and conversion ratio. This, coupled with bottoming out of retail vertical, improvement in cloud revenues and ramp...

Zensar Technologies .. has an average target of 737.50 from 4 brokers.

Zensar Technologies Ltd.

19 Oct 2020

818.70

-3.28%

Zensar divests its non-core global Third Party Maintenance business

Business Standard

Zensar, a digital solutions and technology services company, on Monday said it has entered into an agreement with Service Express LLC to divest its global Third Party Maintenance (TPM) business.