Multi Baggers
Zensar Tech
BSE ID : 504067 NSE ID : ZENSARTECH
RECOMMENDED PRICE 124.00
PEAK FROM RECO 587.00 373.39%
CURRENT PRICE 575.20 Resource id #18
The stock is trading at too compelling P/E of about 10 as against 30 enjoyed by biggies like Infosys, TCS and Wipro. A P/E of even 15 can see this stock trade at Rs 375.
Zensar Technologies (Rs 248) - This Mid-cap IT company belonging to RPG group trades at too compelling valuations. While earnings this year is likely to be around Rs 25 per share, at around Rs 248 levels, P/E works out to just about 10 as against 30 enjoyed by biggies like Infosys, TCS and Wipro. We at Angel feel that the price differential, though warranted, is too substantial and cannot be ignored as it provides a great opportunity. A P/E of even 15 can see this stock trade at Rs 375. Watch out for this one.
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