The IT pack had a tough going on the bourses in the past three months and Zensar (CMP: Rs 265 Market Cap: Rs 5,997 crore) — the mid-sized IT company from the RPG stable — was no exception. It not only underperformed the Nifty but also the IT index, with a decline of close to 28 percent over this period. After a lacklustre FY21, which was in sharp contrast to its peers, FY22 was sort of a turnaround year for...
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