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Motilal Oswal Report
Zensar Technologies Ltd. remains cautious given the weakening demand, especially from retail, manufacturing, and technology, while the same from banking, financial services and insurance remains good.
The management, at RPG’s annual investor conference, said it is aiming at mid-teen margin by Q2 FY24. It also has a good merger and acquisition pipeline, with five deals on the table.
Zensar Technologies' management shared five key focus areas:
Experience and design services.
Advanced engineering and cloud engineering services.
Data engineering and analytics.
Applications and platforms.
Foundation and infrastructure services.
The management also highlighted six key areas for execution:
Transformation in the client experience.
Tuck-in acquisitions to augment its services and vertical capabilities.
Multi-service line solutions targeting industry-specific needs.
Thrust on margin improvement.
Continued push on talent transformation.
Sustained focus on growth resilience.
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