I am also feeling sad as i also have major holding of pf into zen, but the harsh realty is that NDA government will face lot of restriction in spending into renewable, defense etc. and i see major spending into other sectors / freebees so surely sector rotation will happen, so it will be difficult for zen to get domestic order and de rating of PE will happen if no new order received. Second order of 700cr from govt may get cancel . So eventually if we consider best case 30-40 PE this sector will get, if we consider best case if order dont get cancel 900cr sales 25 EPS 30*25=750 rs after 1 year.
Technically 890 is major support for the stock & the way selling order are there it will break and next major support is at 800.
Hope is Budget if government continues its focus into Defense sector & we see major portfolio with BJP.
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