Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

New Delhi, Jan 24 () Shares of Zensar Technologies on Friday tumbled over 14 per cent after the company posted a 32.6 per cent decline in net profit for December 2019 quarter.
 The scrip tanked 12.17 per cent to close at Rs 174.30 on the BSE. During the day, it plummeted 13.32 per cent to Rs 172.
 On the NSE, it cracked 14.17 per cent to close at Rs 174.20.
 The company on Thursday posted a 32.6 per cent fall in net profit to Rs 39.5 crore for December quarter.
 It had posted a profit of Rs 58.6 crore in the year-ago period, Zensar Technologies said in a statement.
 Its revenue, however, was at Rs 1,020.6 crore in the period under review from Rs 1,022 crore in the corresponding period of 2018-19, it added.
 In dollar terms, the net profit declined 31.7 per cent to USD 5.6 million, while revenue grew 1.1 per cent to USD 143.3 million in the reported quarter as against the year-ago period. 




 SUM RUJ
RUJ

Zensar Technologies shares tank over 14 pc after Q3 results

New Delhi, Jan 24 () Shares of Zensar Technologies on Friday tumbled nearly 14 per cent after the company posted a 32.6 per cent fall in net profit for December 2019 quarter.
The scrip dropped 13.32 per cent to Rs 172 on the BSE.
At the NSE, it cracked 13.59 per cent to Rs 171.85.
Zensar Technologies on Thursday posted a 32.6 per cent fall in net profit to Rs 39.5 crore for December quarter.
It had posted a profit of Rs 58.6 crore in the year-ago period, Zensar Technologies said in a statement.
Its revenue, however, was at Rs 1,020.6 crore in the reported quarter from Rs 1,022 crore in the corresponding period of the previous financial year, it added.
In dollar terms, the net profit declined 31.7 per cent to USD 5.6 million, while revenue grew 1.1 per cent to USD 143.3 million in the reported quarter as against the year-ago period. SUM
BAL

Zensar Technologies shares plunge nearly 14 pc after Q3 results

New Delhi, Jan 23 () Zensar Technologies on Thursday posted a 32.6 per cent fall in net profit to Rs 39.5 crore for the December 2019 quarter.
 It had posted a profit of Rs 58.6 crore in the year-ago period, Zensar Technologies said in a statement.
 Its revenue, however, was at Rs 1,020.6 crore in the reported quarter from Rs 1,022 crore in the corresponding period of the previous financial year, it added.
 In dollar terms, the net profit declined 31.7 per cent to USD 5.6 million, while revenue grew 1.1 per cent to USD 143.3 million in the reported quarter as against the year-ago period.
 Digital revenues accounted for 54.1 per cent of the quarter's revenue.
 "A combination of furloughs, project-specific customer ramp-downs and continued softness in the retail vertical resulted in a soft quarter. However, our digital business across our cloud and infrastructure and applications continued its growth momentum, registering a growth of 20.2 per cent year-on-year," Zensar Technologies CEO and MD Sandeep Kishore said.
 The board of directors has approved an interim dividend of Re 1 per share.
 "Our focus on improving operating cashflows continues to show positive results. Rigour on invoicing and collections has ensured an increase in our net cash position by USD 33.4 million quarter-on-quarter and a reduction in the DSO (days sales outstanding) by 9 days q-o-q," Zensar Technologies Chief Financial Officer Navneet Khandelwal said.
 The company's total headcount stood at 9,951, while attrition was at 16 per cent. SR HRS

Zensar Q3 net profit down over 32 pc to Rs 39.5 cr

The world is undergoing <keyword id="2114062" type="General" weightage="20" keywordseo="rapid-evolution" source="Orion">rapid evolution</keyword>, driven by cutting-edge technologies and transformative advancements. The recent pandemic had further accelerated the adoption of technology and digitisation, revolutionising the way businesses operate. With remote work becoming the norm, it has become crucial for organisations to utilise the full potential of technology, bridge the skill gap and enable their workforce to adapt to the changing environment. The digitisation of <keyword id="471084" type="General" weightage="20" keywordseo="business-operations" source="Orion">business operations</keyword> meant that employees had to familiarise themselves with various technical applications. However, not all employees were equipped for this or possessed the necessary skills to effectively utilise these tools. <cmsannotation type="cmsannotation" annotationid="Upskilling to adapt" comment="subhead" text="Upskilling to adapt"><keyword id="3554713" type="General" weightage="100" keywordseo="upskilling" source="Orion">Upskilling</keyword> to adapt</cmsannotation> This highlighted the importance of a diverse technological skill set among the workforce, rather than mere specialisation in one area. Rajini Athreya, Sr Director, Kantar Insights Division, aptly compared the post-pandemic upskilling era to Abraham Lincoln's quote, "Give me six hours to cut a tree, and I will spend the first four hours sharpening the sword". Athreya emphasised on the need to sharpen one’s skills. "Your sword is your skill," she said, "and sharpening it would be you preparing for the task ahead and upgrading your tools to carry out your mission". Amidst the uncertainties of today’s world, people strive to adapt and remain ahead of the competition through continuous learning. Technology has played a significant role in making learning more accessible, facilitating experimentation and creativity. "Previously, the narrative was reskilling personnel as technology advanced. Fast forward to now, and everything is role-based with individualised intervention," says Krishnan KS, VP learning and development, ITC Infotech. <cmsannotation type="cmsannotation" annotationid="Learning in an evolving world" comment="subhead" text="Learning in an evolving world">Learning in an evolving world</cmsannotation> There has been a marked shift towards role based individualised approach when it comes to upskilling or reskilling the employees. This allows organisations to focus on employees’ specific needs and help them advance in their careers. Talent Management at Titan headed by GD Singh, took a proactive approach for their employees, "Titan created a skill maturity matrix, which calculates skills that we needed to invest for the present and future, both at an organisational level, which will later be broken down to a singular level". This approach ensures that employees receive the necessary skills to stay relevant and competitive. Adding to this, Priya Singh, Associate VP, Technical Learning, Zensar Technologies emphasises the importance of continuous learning, unlearning and relearning. “We’re seeing the Learning &amp; Development function becoming more active and holistic as opposed to the cluster and divide learning that <keyword id="600377" type="General" weightage="20" keywordseo="enterprises" source="Orion">enterprises</keyword> had employed earlier. The holistic approach encompasses a vast range of domains, ranging from resilience, flexibility, and agility to change management and leadership (among several other critical human skills), and, of course, IT skills, technology awareness, and digital savvy," she says. Krishanan KS immediately chimed in, suggesting that the organisations should leverage both split and cluster learning methods as well as holistic approach as this would benefit the workforce. "Employees will flourish in both small and large ways this manner," he said. <cmsannotation type="cmsannotation" annotationid="Fostering a learning culture" comment="subhead" text="Fostering a learning culture">Fostering a learning culture</cmsannotation> To ensure the success of a reskilling and upskilling programme, leaders must cultivate a culture and work environment that values learning new skills, nurtures natural curiosity, and promotes ongoing growth. And culture begins with the top management leading by example. When employees witness their superiors’ dedication to learning, they are more likely to take the initiative to upskill themselves. Anupama Nithyanand, MD and Lead, Learning and Knowledge Management, Accenture India concludes that "Employees will take a stance to learn for themselves if they see their superiors striving to learn and stay relevant." By embracing upskilling and creating a culture of continuous learning, <keyword id="467652" type="General" weightage="20" keywordseo="indian-enterprises" source="Orion">Indian enterprises</keyword> can navigate the ever-changing landscape, remain competitive and empower their workforce to thrive in the digital age. Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on insiderstudios@businessinsider.in

Navigating the changing landscape: How Indian enterprises are embracing upskilling

<ul><li>The SGX Nifty was trading 0.31% lower at 7:50 am, indicating a weak opening for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider. </a></li></ul>Amidst mixed cues from the global markets, the Indian equities are likely to open flat on Friday. The SGX Nifty was trading 0.31% lower at 7:50 am, indicating a weak opening for Nifty50. However, The US stock markets soared on Thursday, as investors cheered healthy economic data and bet on tech stocks to post strong quarterly earnings. The Dow Jones Industrial Average closed 139 points higher and the S&amp;P 500 gained 1.19%. These are the stocks to watch out for during the trading session on October 29: IndiGo India’s largest airline IndiGo reported a net loss of ₹1,194 crore for the second quarter ended September 30. The company had posted a net loss of ₹1,062 crore in the same quarter last year. The airline’s total income was down 65% to ₹3,029 crore. The shares of IndiGo ended 2.3% higher on Thursday. Tata Group stocks The Tata Group stocks such as Tata Motors, TCS, Tata Communications, among others, will be in focus throughout the trade today. The Shapoorji Pallonji Group has submitted a plan for separation from Tatas to the Supreme Court. The Mistrys have valued their holding in the Tatas at ₹1.75 lakh crore. Hindustan Petroleum (HPCL) The petroleum giant Hindustan Petroleum announced that its board would meet on November 4 to consider a share buyback plan as the company management feels the share price is lower than the value it deserves. The shares of HPCL ended 5% higher on Thursday. SpiceJet, IndiGo and other aviation-related stocks The stocks of SpiceJet, IndiGo and other aviation-related stocks will be in focus today. The Civil Aviation Minister Hardeep Singh Puri announced that the upper and lower limits on domestic airfares would remain in place for another three months post-November 24. The shares of SpiceJet ended 2% lower on Thursday. Mangalore Refinery and Petrochemicals Limited (MRPL) ONGC subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL) registered a net profit of ₹35.84 crore in the second quarter ended September 30, as against a loss of ₹574.45 crore in the corresponding period last year. The shares of MRPL ended 1% lower on Thursday. Zensar Technologies Zensar Technologies reported an 11.7% rise in net profit to ₹89.2 crore for the second quarter ended September 30. The board of the company has also given in-principle approval for a merger of its wholly-owned subsidiary Cynosure Interface Services with the company. The merger aims at reducing administrative costs. The shares of Zensar Technologies ended 0.37% lower on Thursday. TVS Motor TVS Motor Company reported a 29.37% decline in consolidated net profit at ₹181.41 crore for the quarter ended September 30. The production and sales improved consistently from July onwards, but the commercial vehicle segment continued to hurt the company. The shares of TVS Motor ended over 1% lower on Thursday. Vodafone Idea Debt-ridden telecom firm Vodafone Idea reported narrowing of its consolidated loss to ₹7,218.2 crore for the quarter ended September 30. The company had posted a loss of ₹50,897.9 crore in the same quarter last year. However, the total income declined by about 3% to ₹10,830.5 crore during the reported quarter. The company’s subscriber base also declined to 27.18 crore in Q2, from 27.98 crore earlier. The shares of Vodafone Idea ended 4% lower on Thursday. Angel Broking Kuwait Investment Authority has acquired half a percent stake in retail broking company Angel Broking via open market transactions on October 29 for ₹321.73 per share. The shares of Angel Broking ended 3% higher on Thursday. Reliance Industries, Dixon Technologies, IndusInd Bank, Indian Oil Corporation, UPL, Reliance Industries, Dixon Technologies, IndusInd Bank, Indian Oil Corporation, UPL among others are slated to announce quarterly financial results today. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/marutis-revenue-rises-10-as-car-sales-increase-but-high-commodity-prices-dampen-profit/articleshow/78929357.cms" data-type="tilCustomLink">Maruti’s revenue rises 10% as car sales increase but high commodity prices dampen profit</a> <a href="https://www.businessinsider.in/business/startups/news/byjus-backer-lightspeed-india-invests-in-a-live-tutoring-platform-teachmint/articleshow/78924152.cms">BYJU'S backer Lightspeed India invests in a live tutoring platform Teachmint</a> <a href="https://www.businessinsider.in/india/news/covid-19-vaccine-updates-pfizer-moderna-to-roll-out-covid-19-vaccine-by-december/articleshow/78924143.cms" data-type="tilCustomLink">COVID-19 vaccine updates: Pfizer, Moderna to roll out COVID-19 vaccine by December</a>

Top stocks to watch — RIL, IndiGo, Tata Group, SpiceJet, Angel Broking, Dixon Tech, MPCL, and others

This appraisal season, Indian companies are in no mood of sparing their underperformers, especially after Wipro sacked about 600 people following a <a href="http://www.businessinsider.in/small-business/tech/wipro-sacks-600-employees-post-performance-appraisal/articleshow/58283452.cms">'rigorous performance appraisal'</a>. While Indian IT firms, financial services companies, startups and BPOs will be leading this race in being aggressive with the firing process, other sectors would also be following the same path so that they can only have the best of manpower. "Going forward, the trend will be a lot more around performance-orientation," S Venkatesh, president group HR at RPG Enterprises, told <a href="http://economictimes.indiatimes.com/news/industry/jobs/companies-take-tougher-stand-on-poor-performers/articleshow/58350223.cms">ET</a>. "People are negotiating hard: whether it's while being hired off campus or while changing jobs. Naturally, companies, too, are taking a hard line on slips in their performance," he said. RPG Enterprises owns companies like <a href="http://www.businessinsider.in/markets/Tyre-stocks-are-on-fire-today-Know-why/articleshow/48343583.cms">CEAT</a>, KEC International Zensar Technologies, and has a tendency of putting employees on performance improvement plans if need be. "The days when people joined a company only to retire from it are over," said Venkatesh. Other than performance, reduction in <a href="http://www.businessinsider.in/careers/exclusive-salary-budgets-are-slowing-down-and-there-is-going-to-be-a-dip-in-appraisals-as-per-this-report/articleshow/57287938.cms">budgets allotted for salaries</a> can also be cited as a reason behind these aggressive firing policies. In the recent past, IT majors like Infosys, TCS and Cognizant along with banks like Axis Bank and ICICI Bank have fired a large number of employees. Similarly, e-commerce companies like <a href="http://www.businessinsider.in/retail/e-commerce/Flipkart-may-handover-pink-slips-to-nearly-700-employees/articleshow/53446176.cms">Flipkart</a> and Snaodeal have also followed the path of firing nonperforming employees. Also read: <a href="http://www.businessinsider.in/Snapdeal-asks-200-employees-to-improve-or-resign/articleshow/51135067.cms">Snapdeal asks 200 employees to shape up or ship out; employees choosing latter over ‘impossible’ targets</a> However, experts are of the view that Indian companies are relatively more easygoing when it comes to firing employees, as compared to their global counterparts.

This performance appraisal period is about underperformers as well

Companies nowadays are looking forward to a <keyword id="3974584" type="UNKNOWN" weightage="100" keywordseo="happy-environment">happy environment</keyword> in the office and are getting smarter while engaging with GeNext <keyword id="6357081" type="ORGANIZATION" weightage="100" keywordseo="Employees">employees</keyword> by opting for a more <keyword id="1160051" type="UNKNOWN" weightage="100" keywordseo="Real-time-tracking">real-time tracking</keyword> of their sentiments. 
 
Recently, the HR team at Zensar Technologies noticed that a group of employees living in a specific part of the city were upset about something when they analysed their comments on group portal, Zenverse. On tracking this further, they realised that it was related to an issue with the outsourced cab service provider. 
 
"We are working with the agency and launching a new set of apps to improve how the service is provided. This is something we wouldn't have been aware of if we weren't tracking employee sentiment through their comments and conversations on ZenVerse," CEO Sandeep Kishore told ET. 
 
Persistent System is also in the middle of upgrading its feedback system which will allow employees to give feedback as soon as they are done with an interaction or using an app. 
 
"So far, we've had a mood indicator where people would change their status to reflect how they are feeling. We want to make this more real time and get their feedback on how they feel, perhaps after spending time at the travel desk a bit like how you rank your experience as soon as your Uber ride is over ," Siddhesh Bhobe, center head-Pune, Persistent Systems, told ET. 
 
All mood updates go to Bhobe as well as the concerned HR team member, and Bhobe reaches out to anyone who is feeling low or negative. Very often, it's just a way for employees to vent their feeling, and at times the bad mood may not have anything to do with work. 
 
"This changes how you look at engagements. Most people are happy that someone is listening to them, and it prevents smaller issues from festering. We felt that if we can figure out what's happening real time, then we can fix it right away and it can help with issues like attrition etc," he said. 
 The adage that happy employees make for happy customers is one most <keyword id="6357647" type="ORGANIZATION" weightage="100" keywordseo="IT-Companies">IT companies</keyword> are familiar with. 
 
High attrition rates notwithstanding, most companies have realised that as the age profile of average employee changes, traditional met hods of engagement are no longer as effective. Bhobe likens it to how people interact on Twitter ¬¬ quick, short and contextual. If the feedback is contextual, organisations can take steps to nip issues in the bud. 
 
HCL Technologies, which has been revamping its HR policies over the last few months, is piloting a Happiness Index, an analytics based platform where people respond to a set of statements which helps determine the mood of the organisation. The system is designed to automatically push out a short survey to anyone who has undergone a change of some sort. This could be a new manager, appraisal, end of a project etc.

Smart companies now survey employees in real time, not annually. Here’s why

NEW DELHI: As we inch closer to the Budget 2014, Dalal Street is abuzz with expectations of strong pro-growth reforms from Finance Minister Arun Jaitley. 
 
Given high expectations from the government, all attempts are expected to be made to present a comprehensive Union budget. However, the residual period until the next Budget to be presented is relatively small. 
 
Experts feel that the focus of the new government would be more on creating opportunities for retail investors in financial markets. But it is definitely not going to be a cakewalk for them. 
 
“The budget itself is not going to be a cakewalk. In fact, it is going to be a tight rope walk for the government,” said Killol Pandya, Senior Fund Manager-Debt, LIC Nomura MF. 
 
“The economy has certain structural and macro issues which it is facing and the government will be at pains to balance putting our growth story back on track while battling the inflation bugbear,” he added. 
 
The fact is that most of the steps which the government can take to promote growth and kick start the economy will have short-term inflationary ramifications. However, in terms of market performance, analysts see the markets rallying nearly 5-6 per cent in the run-up to the event. 
 
 
 
<table align="center" border="0" cellpadding="4" cellspacing="4">
	<tbody>
		<tr>
			<td>
				</td>
		</tr>
	</tbody>
</table>
 
 
Traders carried forward bullish futures bets to the July series on the expiry of the June contracts on Monday on expectations the market could rebound in the run-up to the Union Budget on July 10. 
 
Fresh build-up of positions in Nifty options suggests the benchmark index could gain about 5-6% by the Budget day from the current levels, said an ET report. 
 
Most analysts are of the view that despite escalating tensions in Iraq and depreciating rupee, Indian markets should be able to scale higher from the current levels, supported by strong FII flows and as most of the oil, which is imported, comes from the southern region, which remains unaffected. 
 
“The overweight by international investors in India will be highest in the whole emerging market space and we think it will continue. We think there is a re-rating going on in India,” said Hans Goetti, Head of Investment Asia, BIL. 
 
“We think if there is a new earning cycle start on the back of a stronger economy, then it can grow at about 6.5 per cent for several years, accompanied by higher prices in the equity markets,” he added. 
 
History suggests that the Union Budget’s influence on the market’s short-term performance is declining, but the next budget could still leave a trail of impact. 
 
The upcoming budget could be important because of where India is placed cyclically, what the mandate for the government implies and because this is the first non-Congress government in a decade, say experts. 
 
“Though history suggests that the budget’s influence on short-term performance is declining, expectations (measured by pre-budget performance) are still important in deciding what the market does after the budget,” said Ridham Desai, India Strategist at Morgan Stanley, in a report. 
<div style="page-break-after: always;">
	&#xa0;</div>
“If the pre-budget returns are positive, there is a 90% chance that the post-budget returns are negative,” he added. 
 
We have collated a list of ten stocks which investors can look at ‘buying’ ahead of the Budget 2014, for the next 12 months: 
 
<table align="center" border="0" cellpadding="4" cellspacing="4">
	<tbody>
		<tr>
			<td>
				</td>
		</tr>
	</tbody>
</table>

	Brokerage Firm: BofA-ML 
 
 
Titan Company Ltd: Target price set at Rs 406 
 <keyword id="10899" type="CITY" weightage="40" keywordseo="Titan-Industries">Titan Industries</keyword>, a Tata Group company, is India’s leading watch and jewelry retailer. Titan’s growth can pick up in FY15/16E as SSSG in jewelry bottoms out. This can be led by a favorable macro: easing inflation, possible pick-up in the urban job scenario and wage hikes. 
 While resumption of the sale of <keyword id="18712" type="ENTERTAINMENT" weightage="40" keywordseo="Gold">gold</keyword> coins can improve operating leverage, possible margin benefits due to focus on premiumization in jewelry as well as watches can boost earnings. 
 
ICICI Bank Ltd: Target price set at Rs 1,850 
 
The global investment bank is bullish on ICICI Bank as it has built a strong retail franchise to complement its corporate banking activities and capitalize on the fast-growing retail market. ICICI Bank has expanded distribution to 3,500 branches, allowing it to acquire customers at a very rapid pace and also gain share. 
 
The bank enjoys a strong capital position (Tier 1 at 12.8%), and is well placed to manage credit cycle/regulatory changes and deliver earnings growth of 16-22% through FY15/16. Outperformance should be driven by: 1) Op. efficiency (CI ratio improving to lesser than 38-39% in FY15/16 vs 41% in FY13); and 2) Credit cost at 80bps. 
 
Maruti Suzuki Ltd: Target price set at Rs 2900 
 Maruti Suzuki (MSIL) is a subsidiary of <keyword id="111052" type="CITY" weightage="40" keywordseo="Suzuki-Motor">Suzuki Motor</keyword> Corp, Japan. Set up in 1983, MSIL is presently India’s largest passenger car company which primarily sells compact hatchbacks (65% of volumes), vans and upper sedans. 
 
MSIL is our top pick in the Indian autos space, being best positioned to ride the country’s consumption recovery theme due to its rich product pipeline over the next three years. 
 
The stock deserves a valuation premium due to superior growth prospects (31% EPS CAGR over the forecast period) and also because it is the sole listed proxy in the domestic car industry. 
 
<keyword id="111992" type="CITY" weightage="40" keywordseo="Oil-India-Ltd">Oil India Ltd</keyword>: Target price set at Rs 694 
 
Oil India (OIL) is a state-owned (67.6% stake) E&amp;P company with only onshore production and exploration mainly in north-east India. This region accounts for its entire crude oil and most of its gas production and reserves. 
 
Gas price hike drives a 41-59% YoY rise in FY15E EPS at a gas price of US$6.8-9.0/mmbtu. A rise in oil price net of subsidy drives 34-70% YoY growth in FY15E EPS. FY15E EPS would rise by 60-114% YoY if the prices of both oil &amp; gas increase. 
 
Risk-reward ratio is evenly balanced with the worst-case fair value implying around 30% potential downside, and the best-case fair value implying a potential upside of 16-39%. 
 
Voltas Ltd: Target price set at Rs 282 
 
Voltas, a Tata Group company, is India’s leading air conditioning and engineering services company. It operates in India through an extensive dealer and service network. Cyclical recovery in macro will drive stronger consumer discretionary sales, ie AC. 
<div style="page-break-after: always;">
	&#xa0;</div>
There will better construction demand as well. Sharp expansion of margin led by favourable product mix change will be drive 80% of the 27% earnings CAGR in FY14-17. The stock is cheaper relative to peers and is likely to rerate along with stronger growth. 
 
Analyst: S Ranganathan of LKP 
 
Dishman Pharma: Target price set at Rs 160 
 
Dishman Pharma is an integrated global outsourcing partner in CRAMS for innovator drug companies and derives close to 65 percent of its 1400cr revenues from CRAMS with marketable molecules forming the balance 35 percent of its revenues. 
 
With all its capital expenditure behind, the company has forward integrated its Vitamin-D facility and with a 24 percent sustainable EBIDTA margin we believe that it is now focused on de-leveraging its balance sheet having a debt of 850 cr. 
 
We recommend a BUY on the stock trading at 8x the current year's expected earnings with a price objective of 160. 
 
Zensar Technologies Ltd: Target price set at Rs 500 
 
Zensar Technologies is a Rs 2300-cr software company of the RPG group, which derives two-third of its revenues from ETS (enterprise transmission solutions) and one-third of its revenues from IM (infrastructure management). Zensar has the largest Oracle practice business in India and has a strong focus on digital transformation, which is primarily a consulting-oriented business. 
 
The company has consistently grown at a CAGR of more than 20 percent over the past 5 years both on top-line and bottom-line. Zensar (a debt-free entity) with a sustainable EBIDTA margin of more than 30 percent is well on its way to post a net profit of close to Rs 300 cr this fiscal. BUY with a price objective of Rs 500. 
 
ITNL: Target price set at Rs 250 
 
ILFS Transportation Network Ltd is a leading surface transportation infrastructure company belonging to the ILFS group. We believe that ITNL is the best proxy to play this theme not only in India, but also outside India and could be a prime beneficiary of the road development projects. 
 
This business is highly capital intensive and hence the high debt equity of 3x. ITNL with its 6500cr revenues is well placed to capitalize on the large addressable opportunity as it has attractive EBIDTA margins of 30 percent. Buy ITNL with a price objective of Rs 250. 
 
Escorts Ltd: Target price set at Rs 160 
 
Escorts with business interests in agricultural equipment, construction and railway equipment is the third largest player in tractors and is now launching new products in the mid to heavy segment of tractors and is aggressively foraying into the southern parts of the country where it lacks presence. 
 
The monsoon, although delayed, is expected to gather momentum in the next 3 months, which would also act as a positive trigger for the stock in the coming quarter. ESCORTS trading at 6.5x historical earnings should be bought with a price objective of 160. 
 
Federal Bank: Target price set at Rs 160 
 
Federal Bank was punished rather unjustly for its aggressive lending to the SME sector where it has seen fast traction and we believe that the markets have now factoring in the fact that its asset quality continues to be good with net NPA at 0.74% and provision coverage at a very healthy 84%. 
<div style="page-break-after: always;">
	&#xa0;</div>
The bank has a very healthy CASA of more than 30% and net interest margins are at a healthy 3.3% with branch expansion happening at a faster clip ( it now has 1175 branches) 
 
A quality private sector bank with an able leader available at a compelling price to book of 1.5x should be bought for a price objective of Rs 160. 
 
(Views and recommendations expressed in this section are the analysts’ own and do not represent those of EconomicTimes.com. Please consult your financial advisor before taking any position in the stocks mentioned.)

You Searched For "zensar technologies" and got 8 results

Zensar Technologies shares tank over 14 pc after Q3 results

PTI

Zensar Technologies shares plunge nearly 14 pc after Q3 results

PTI

Zensar Q3 net profit down over 32 pc to Rs 39.5 cr

PTI

Navigating the changing landscape: How Indian enterprises are embracing upskilling

Insider Studios

Top stocks to watch — RIL, IndiGo, Tata Group, SpiceJet, Angel Broking, Dixon Tech, MPCL, and others

Navdeep Yadav

This performance appraisal period is about underperformers as well

BI India Bureau

Smart companies now survey employees in real time, not annually. Here’s why

BI India Bureau

Budget 2014 No Cakewalk For Government, Says Expert; Top Ten Stocks To Buy

Economic Times

Popular Keywords

Buying Guides