|
16 Dec 2025 |
Zensar Technologies
|
Consensus Share Price Target
|
731.25 |
833.08 |
- |
13.93 |
hold
|
|
|
|
|
13 May 2023
|
Zensar Technologies
|
ICICI Direct
|
731.25
|
370.00
|
339.50
(115.39%)
|
Target met |
Hold
|
|
|
|
|
21 Mar 2023
|
Zensar Technologies
|
Bonanza
|
731.25
|
320.00
|
273.05
(167.81%)
|
Target met |
Buy
|
|
|
Zensar does have a patchy execution track record and the turnaround thesis will not be without certain quarters of misses (as seen recently in H1 FY23). That said, valuations at <1x FY24 EV/Sales and 24% of market cap in cash adequately facto that a healthy cash buffer of US$ 179m (24% of M.Cap) also provides support to its valuation.
|
|
25 Jan 2023
|
Zensar Technologies
|
ICICI Direct
|
731.25
|
235.00
|
231.00
(216.56%)
|
Target met |
Hold
|
|
|
|
|
25 Jan 2023
|
Zensar Technologies
|
Axis Direct
|
731.25
|
255.00
|
231.00
(216.56%)
|
Target met |
Buy
|
|
|
Given the company's strong recovery potential backed by strong deal wins and improved client engagement, we maintain our BUY recommendation on the stock
|
|
24 Jan 2023
|
Zensar Technologies
|
Motilal Oswal
|
731.25
|
280.00
|
228.00
(220.72%)
|
Target met |
Buy
|
|
|
|
|
24 Jan 2023
|
Zensar Technologies
|
IDBI Capital
|
731.25
|
280.00
|
228.00
(220.72%)
|
Target met |
Buy
|
|
|
|
|
06 Dec 2022
|
Zensar Technologies
|
IDBI Capital
|
731.25
|
280.00
|
231.35
(216.08%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2022
|
Zensar Technologies
|
Axis Direct
|
731.25
|
230.00
|
218.80
(234.21%)
|
Target met |
Hold
|
|
|
We recommend a HOLD on Zensar, aided by strong revenue growth momentum and better recovery. We assign a 10x P/E multiple to its FY24E earnings of Rs 22.1 per share to arrive at a TP of Rs 230/share, implying an upside of 6% from the CMP.
|
|
27 Oct 2022
|
Zensar Technologies
|
ICICI Securities Limited
|
731.25
|
243.00
|
212.80
(243.63%)
|
Target met |
Accumulate
|
|
|
Zensar Technologies reported revenues of US$155mn, down 0.5% QoQ USD, largely in line with our estimates.
|
|
25 Oct 2022
|
Zensar Technologies
|
IDBI Capital
|
731.25
|
235.00
|
214.05
(241.63%)
|
Target met |
Hold
|
|
|
|