I track it due to it being a part of the goenka group tbh. When it comes to small caps my main worry is corporate governance… and i hold the goenka groups in pretty high esteem so when i noticed zensar was selling at close to 1x times sales i got interested . The jargon they use is a bit excessive… but they explain everythign well in their concalls. Also, im not really an IT guy so a lot of their business prima facie seems “investor” chasing… ie digital when that was in fancy + robotics when it was a buzz word etc… but the proof is in the pudding and the fact they crossed 4000 crores in sales last year shows that it hasnt been all talk in the air. Lets see how it goes. Most important metric for IT companies is attrition rate and they are provably the worst in the entire IT market right now so the bear market its been in is understandable.
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