850.4000 15.25 (1.83%)
NSE May 29, 2025 15:31 PM
Volume: 771.7K
 

850.40
1.83%
ICICI Securities Limited
The company saw a healthy improvement in its deal TCV (up 36% QOQ) and has healthy deal pipeline of US$1.5 billion. Also, Zensar's hi tech (46% of revenues) vertical saw an improvement of 3.5% QoQ (in CC terms) in the quarter, which is expected to further improve in coming quarters. This coupled with bottoming out of retail vertical, improvement in cloud revenues and ramp up of projects will lead to healthy improvement in revenues on coming quarters. The company has also hired Nachiketa Mitra (from cognizant) to boost its financial service (~26.6% of revenues) segment...
Zensar Technologies Ltd. is trading above all available SMAs
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