Zensartechnology
ZENSAR TECHNOLOGIESZensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India. It operates in two segments: Application Management Service and Infrastructure management service. It is focused on industry verticals, such as Hitech & manufacturing, consumer services, and banking, financial services, and insurance. They have offices located in India, the USA, UK, Europe, and Africa
Revenue Segments FY24
Hitech : 27%
Manufacturing & Consumer Service: 25%
Banking & financial Services: 38%
Healthcare & Life Sciences: 10%
Geographical Mix FY24
USA : 67%
Europe: 21%
Africa: 12%
Major Clients FY24
Top 5 clients - 31% revenue
Top 10 clients - 42%
Top 20 clients - 68%
Momentum Swing idea|Zensar Technologies LtdZensar Technologies Ltd
Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India.
Fundamental : Strong
Market Cap ₹ 12,767 Cr. Current Price ₹ 564 Stock P/E 20.9
ROCE 14.5 % ROE 11.2 %
Debt to equity 0.07 Promoter holding 49.2 %
Quick ratio 2.95 Current ratio 2.95 Piotroski score 5.00
Profit Var 3Yrs 7.69 % Sales growth 3Years 5.05 %
Return on assets 7.95 %
this stock is available at 20 p/e as well as now in momentum with rsi above 55.
keep in radar.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Zensar Technology is going to be bullishBullish pattern is been setup. Recent high will be tested.
All the EMA are aligned which is sign of bullish.
You can hold until the 200 ema is touched.
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions
ZENSAR TECH ( 1HR TIME FRAME )In 1 hr time frame its been folllowing a specific path and now the stock is at its support level (496.20).
Technical indicators (RSI & STOCHASTICS) also confirms an upward movement
Target -536
BUY @ 500
SL @ 488
Risk to reward ratio - 3:1
Not a financial advise. Use your own analysis to confirm your entry.