Zensar Technologies

CMP: 244

Zensar Technologies Ltd. develops software and it also provides IT consulting and related services. The Company has expertise in key verticals of retail, manufacturing, logistics, financial services, telecom and utilities. Zensar offers end-to-end solutions across diverse technology platforms &industry domains through a Global Delivery Model, which delivers 24 X 7 services.

Zensar Tech is a budding mid-cap bet trading at a P/E of 9 with dividend yields of nearly 3% in the last 12 months. It runs at zero debt with 37 Crores cash in hand. Revenues have risen from 346 Crores to 712 Crores in the last 5 years. Profits have risen from 45 Crores to 95 Crores in the last 5 years. Profit margins have improved marginally from 13% over the last 5 years. Buy and hold for long term gains.

Is there any chance of sensex going down to 16000 because of the global trend. If so should i hold or sell some good shares and buy them at the 16000 level?? Stocks such as Asian paints ,Cipla, Tata coffee, Colgate, P&G, Lupin, Castrol to name a few which i bought in small quanties of (10000 to 15000 Rs only ) which are at the average gain of some 25 to 30 % right now.

Originally Posted by mohan55

Is there any chance of sensex going down to 16000 because of the global trend. If so should i hold or sell some good shares and buy them at the 16000 level?? Stocks such as Asian paints ,Cipla, Tata coffee, Colgate, P&G, Lupin, Castrol to name a few which i bought in small quanties of (10000 to 15000 Rs only ) which are at the average gain of some 25 to 30 % right now.

For a drop to 16,000 markets need to fall 10% which looks unlikely ... Since you have good bunch of stocks, i would recommend just holding them ...

Long term valuations still looking attractive ... Market valuations looks good for the next 2 years ...

sir,
How come there was no any recommendation from your end to grab Tata coffee that had a huge fall recently and was available for a discount.

Originally Posted by mohan55

sir,
How come there was no any recommendation from your end to grab Tata coffee that had a huge fall recently and was available for a discount.

Hi Mohan, I do portfolio consultation as a paid service at a nominal charge ... I write my views in the forum generally, but not as specific consultation