Moneycontrol PRO

Why Zensar offers margin of safety despite its outperformance

We expect Zensar’s valuation discount to mid-cap players to gradually narrow

September 08, 2021 / 03:36 PM IST
Why Zensar offers margin of safety despite its outperformance

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

We have been betting on the turnaround of Zensar (CMP: Rs 437 Market Cap: Rs 9,873 crore) — the mid-sized IT company from the RPG stable — for a while. Our last recommendation, at the price of Rs 293, has worked well with huge outperformance over both Nifty and the IT index. Despite the strong run, the stock has a long road to catch up as the turnaround fully plays out. Signs of a turnaround … After contracting in all the...

  • PRO Panorama

    Moneycontrol Pro Panorama | Will September earnings catch up with valuations?

    Oct 14, 2021 / 03:45 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Earnings kick into high gear, road ahead for Zee, the pharma halo, IDBI Bank shines more, Facebook in the crosshairs, China and investment maths, and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | The Maharaja has left the building

    Oct 9, 2021 / 11:27 AM IST

    Privatisation of Air India means a one-time hit to the exchequer in the form of debt, but it’s a small price to pay for the government

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers