Zensar Technologies Ltd. share price target

Zensar Technologies Ltd. (Zensar) is the part of the RPG group of companies. The RPG group is one of the largest groups of companies in India. Zensar is a midsized IT company for global organizations looking to strategically transform, grow, and lead in today's challenging business environment. The Company has a services portfolio that ranges from the traditional to the transformational - across service lines of Management Consulting, Business Application Services, Enterprise Solutions, Enterprise Collaboration Services, Testing and Assurance...

Acquisition of Professional Access to boost topline growth: ZENT acquired Professional Access (PA) which is one of the leading Oracle ATG implementation specialists in the world in the month of Aug 2014. PA fits extremely well with the Zensar overall strategy for becoming a leader in Manufacturing, Retail and Distribution. It works with some of the top retailers in the world and has good prospects not only in developed world but also in countries like Peru, Argentina, Chile, and Mexico. PA posted revenues of $12.6 mn in Q3FY15 with EBITDA margins of ~15%. The company is developing a new platform for mid-tier retailers and with increasing trend of online shopping it expects its revenues from PA to grow at CAGR of 20-25% over the next 3 years....

Zensar Technologies is a midsized software and service provider company with a strong presence in more than 20 global locations (US, Europe, Africa, Middle East, Singapore and...