Zensar Technologies CMP 905

Zensar is a leading digital solutions and technology services company partnering with global organizations on their digital transformation journey. A technology partner of choice, with strong track-record of innovation, credible investment in digital solutions and assertion of commitment to client’s success, Zensar’s comprehensive range of services and solutions enable clients achieve new thresholds of performance. Part of the $40 billion APAX Partners’ portfolio of companies, Zensar is uniquely positioned to help existing businesses run efficiently, manage legacy transformation and plan business growth through innovative digital platform.

Market Cap 4086 cr
Sales 3068 cr
OPM 14%
Reserves 1381cr
Cash 282 cr
ROCE 30%
PE 13
Debt 150 cr
FV 10

Promoter Holding 48%

CMP 905
Book Value 370

My Opinion :- IT stocks are facing a difficult time these days but will recover soon. I am keeping an eye on this stock.

RISK :- Excessive exposure to particular clients have the potential to limit the company's negotiating capacity and any unfavorable change in client business may result in sudden downfall in company's revenue as well as profits. The Company is constantly de-risking by soliciting customers from different verticals and geographies.

The maximum downside for this stock may be till Rs 715 i.e 21% from CMP

If one is capable to digest that much loss then this stock is likely to sprinkle Infosys like returns.

Annual Report

 

its a goenka group company

 

Just wanted to add that the stock is making descending triangle pattern which is a bearish signal and very soon the support level will get broken or probably it has already broke at around Rs 910
A further downward trend is likely to take place below current price levels of Rs 893.

But it looks like a good business quality. Add it in very very small quantities on declines.

 

Added small qty @ 815.