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Zensar Technologies LimitedZensar Technologies LimitedZensar Technologies Limited

Zensar Technologies Limited

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ZENSARTECH trade ideas

ZENSARTECH Inverted H&S Breakout and Retest Complete1. Made an All Time High in 2018, stock fell from there 2. Formed an Inverted Head and Shoulder (IHNS) pattern over a period of 2 years on a Weekly chart 3. Breakout from pattern with high volumes 4. Pattern's Neckline at 257 has been retested over a couple of weeks with decreased volumes 5. Stock rising again after restesting breakout level 6. Huge delivery of stocks with respect to traded quantity - 77% according to NSE website meaning long term prospects by institutions Buy : 300 - 310 Strict SL : 275 Wide SL : 255 (Below IHNS Neckline) Immediate Target: 350 (All Time High) Final Target: 440 (Equal to the depth of INHS Pattern) Time Period: Mid Term to Long Term
NSE:ZENSARTECHLong
by sacban89
ZENSARTECH: The multi bagger, Fundamental and Technical AnalysisZENSAR is an IT company that consists of multi-stream businesses. It operates two major segments one is application management and the other is infrastructure management services. Overview- Revenue Split: Major revenue comes from USA 70%, Europe 16% and 11.2% South Africa. Their clients are from the USA, UK & EU, Africa. Revenue in Q4 FY21 clocks at 494m with EBITA (earnings before interest,tax and amortisation) is18.7m PAT (profit before tax) is 9m ZENSAR top clients 20 out of 35 serve 63.8% of their revenue. Service Area: Banking and financial services HI-TECH Manufacturing Insurance Retail and Consumer Services These are basic things... Recently company acquires M3bi LLC who's revenue is 26.7m. They acquire it because they want to Strengthen the capabilities in Data Engineering & Analytics and Advanced Engineering Services Quantitative: IRR is 122% in the period of 2017-2020 IRR has been decreased and affected due to covid 19 in the year 2020 Net profit is increased by 14% from 263Cr to 300Cr Sales have been decreased by 9.60% Important factors: 1. Company debt to equity is 0.15 very less positive. 2. ROE is 15.1% in the stage of lowest market capitalization in the IT Sector 3. Price to book value is 2.91 lowest among top 25 companies of the IT Sector 4. P/E ratio is double surpassing in the Sector only 2 companies have P/E ratio of 20.4 while their peers have very high P/E which leads to high premium. 5. Reserves has been increased fairly 6. Form last 2 days DII's Including DSP M.F and Nippon M.F invested heavily. Technicals: 1. Price is in the trending phase with no distributions and accumulation zones 2. Price is consolidation in the structure of Cup & Handle on the verge of their all-time high 3. Relative strength on 1D & 1 Week is nearly at 1-2 with a positive range 4. Below Critical demand zone it'll severe to your investment 5. Short-term target is 12.08% long term is with 38% 4. For the long term It depends upon their subsidiaries either it'll become multi-bagger or not. Conclusion: The stock has a very high potential of gaining 150%-to 200% according to an IRR of 122% between 2017 to 2020. Since June 2020 growth has been affected I haven't given views on the qualitative side as everyone has their personal views on at what level management holds their skills to drive the company to its higher potential. That's it! Let me know in the comment section what's your views on this?
NSE:ZENSARTECHLong
by rajveerscolia
1
An IT midcap company ready for the RallyDue to covid, we have witnessed a rally of 140% in the NIFTY IT index on the whole from the March-20 bottom. Now the IT index is getting ready for another leg of up move as it forms an flag and pole pattern with an expected return of 60% where midcap IT are expected to participated in the rally. Zensar Technologies is one of the undervalues shares as it is trading at very low PE and P/BV as compared to its peers though it gives a healthy dividend payout every year. As Zensar technologies gave a Inverted H&S pattern breakout, the return is likely to be around 75% from here with a time frame of 18-24 months. #TradeTheTrend
NSE:ZENSARTECH
by skklnsk