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This Article is From Jun 18, 2021

Zensar Technologies Analyst Meet Update - Turnaround To Take Four To Eight Quarters: ICICI Direct

Zensar Technologies Analyst Meet Update - Turnaround To Take Four To Eight Quarters: ICICI Direct
An employee works on a laptop computer inside a store. (Photographer: Jasper Juinen/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

We attended the virtual analyst meet of Zensar Technologies Ltd.

The key highlights of the meet were it will take four to eight quarters for a complete turnaround of the company.

To achieve this, the company is addressing key shortages of past.

In addition, the new Chief Executive Officer has devised a strategy to focus on experience side and build capabilities in digital engineering, data, artificial intelligence and machine learning.

These technologies require five times investment compared to the investment in experience.

Further, the company is expanding sales capability (in pre-sales hunter, farmers) and hiring leaders to drive growth.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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