Zensar Technologies Ltd. News and Updates

Name: Latest research reports of Zensar Technologies Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Zensar Technologies Ltd.
Rating: 5
Author: HDFC Securities

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Zensar Technologies Ltd.

25 Jul 2016

829.10

-1.37%

Zensar Technologies (1QFY17): Readying for a digital leap. Maintain BUY

Buy: Zensar Technologies Ltd.

Target

HDFC Securities

Zensars 1Q revenue and margins were steady, even as peers struggled to deliver. We believe the company is on the right track with strong digital capabilities (~27.3% of revenue, second highest after Mindtree) and higher exposure to non-stressed verticals such as manufacturing and retail (~78% of revenue).

Zensar Technologies Ltd. average weekly volume is high.

Zensar Technologies Ltd.

25 Jul 2016

829.10

-1.37%

EEARNINGS UPDATE- ZENSAR TECHNOLOGIES

Buy: Zensar Technologies Ltd.

Target

Chola Wealth Direct

Background: Zensar Technologies is an RPG Group company, with end-to-end services from IT development to business process outsourcing. In 1QFY17: company has domain expertise in Application Management Services (77.2%), Infrastructure Management Services (22.8%).The Company's business is primarily classified into Manufacturing (54%), Retail & Consumer services (24%), BFSI (18%), and Emerging (4%). The company's business is spread across USA (74.9%), Europe (10.5%), Africa (8%), and Row (6.6%). It receives 68.4% of revenues from onsite and 31.2% of revenues from offshore. Fixed price...

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

Zensar Technologies Ltd.

21 Jul 2016

829.10

-1.37%

Zensar Tech posts flat profit of Rs 76.2 crore for April-June

Economic Times

The US accounted for 74.9 per cent of the company's revenues in the said quarter, while Europe and Africa contributed 10.5 per cent and 8 per cent, respectively.

Zensar Technologies Ltd. has gained 26.95% in the last 1 Month

Watching Brexit very closely and working with our customers: Sandeep Kishore, Zensar Tech

Economic Times | 22 Jul 2016

Zensar Technologies Ltd.

05 Jul 2016

829.10

-1.37%

Zensar Tech launching client assurance unit to boost growth

Economic Times

Zensar has also invested in creating new solutions such as a robotic process automation, an offering for retail, and an internet-of-things-based offering.

Zensar Technologies Ltd. has gained 26.95% in the last 1 Month

Zensar Technologies Ltd.

04 Jul 2016

829.10

-1.37%

Zensar Technologies: Enabling Digital Transformation

Buy: Zensar Technologies Ltd.

Motilal Oswal

Zensar Technologies Limited - ZENSARTECH is a technology services provider with a portfolio spread across traditional to transformational solutions: Applications, Infrastructure, Digital and Industry-specific solutions. It is part of the USD3b RPG Enterprises and USD40b APAX portfolio of companies. ZENT has core strengths in Oracle implementations, eCommerce enablement and IMS & Cloud. Buy, 35% upside: Discounting FY18 earnings by 13x – at a discount to peers such as PSYS and MTCL (which have demonstrated consistency in performance and potential in newer services) but at a premium to peers such as MPHL, KPIT and NITEC (given strong positioning in Digital, potential improvement in performance, and prospects of industry-leading growth); and at a premium to historical median given improved performance, sharper positioning and defined expertise – would lead to a target of INR1,300, implying a 35% upside.

Trendlyne has 4 reports on ZENSARTECH updated in the last year from 3 brokers with an average target of Rs 1202.7. Brokers have a rating for ZENSARTECH with 1 price upgrade in past 6 months.

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

Zensar Technologies Ltd.

23 Jun 2016

829.10

-1.37%

Zensar scraps bell curve, bets on transparent model

Economic Times

MUMBAI: Zensar has ditched the bell curve, is revitalising its internal communications and is bringing in more transparency into how it pays employees, as the mid-sized IT company overhauls its human resources policies. The company is betting on transparency as a way to retain talent and boost employee satisfaction. "We have totally reworked our internal communication,"Syed Azfar Hussain, global HR head at Zensar, told ET. "In our performance appraisals, the evaluation and promotion criteria weren't shared with the associates and there was a sense that people were playing favourites, which wasn't the case." Communication and transparency was a problem because Zensar had eliminated a 'bell curve' based rating system 15 months ago but even the company's senior management had not realised the change had been made. "We finally built a model of a bell and on the 26th of January we set it on fire to get the message across that the forced ranking system was no longer in use,"Hussain said. Several IT companies including TCS and Wipro have gotten rid of the bell curve system. Hussain said that company was also hoping to move towards a system of publishing its paybands to help employees understand their salaries. "We have benchmarking surveys, and we want to be able to publish this data so that employees can see what a 'Java programmer with X years of experience' gets paid in a small company and in large company." The company has also created a slew of mobile applications, including one for digital time tracking.

Zensar Technologies Ltd. average weekly volume is high.

Zensar Technologies Ltd.

10 Jun 2016

829.10

-1.37%

Zensar looking to double proportion of women in middle mgmt to 50% in 4 years

Economic Times

Zensar looking to double proportion of women in middle mgmt to 50% in 4 yearsThe company's women executive board (WEB) is focused on identifying and raising women leaders from within existing associates.

Zensar Technologies Ltd. has gained 33.03% in the last 1 Year

Zensar looking to double proportion of women in middle mgmt to 50% in 4 years

Economic Times | 10 Jun 2016

Zensar Technologies Ltd.

28 Apr 2016

829.10

-1.37%

Zensar Technologies Limited

Business Line

Zensar Technologies has received an order to provide digital services in the e-commerce segment to Nakumatt, a Kenya-based retailer, the former said in a notification to the exchanges on Thursday. The...

Zensar Technologies Ltd. has gained 33.03% in the last 1 Year

Zensar Technologies Ltd.

26 Apr 2016

829.10

-1.37%

Zensar Technologies (4QFY16): Treading the right track. Maintain BUY

Buy: Zensar Technologies Ltd.

Target

HDFC Securities

Zensars 4QFY16 missed revenue and margin estimates owing to the ongoing restructuring in the IMS and product & license business. The business is on the right track with strong digital capabilities (~27% of revenue, up 25% YoY). Zensar?s new target is to become an Oracle-managed partner for cloud and digital solutions (instead of a diamond partner). We believe this is achievable and can drive another growth cycle.

Zensar Technologies Ltd. is trading above all available SMAs

Zensar Technologies Ltd.

26 Apr 2016

829.10

-1.37%

EARNINGS UPDATE- ZENSAR TECH

Buy: Zensar Technologies Ltd.

Target

Chola Wealth Direct

Background: Zensar Technologies is an RPG Group company, with end-to-end services from IT development to business process outsourcing. In 4QFY16: company has domain expertise in Application Management Services (77%), Infrastructure Management Services (23%).The Company's business is primarily classified into Manufacturing (54%), Retail & Consumer services (24%), BFSI (18%), and Emerging (4%). The company's business is spread across USA (78%), Europe (10%), Africa (8%), and Row (6%). It receives 64% of revenues from onsite and 64% of revenues from offshore. Fixed price contracts revenue share is 53% and Time &...