Buy Zensar Technologies Limited and Mphasis Limited

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Buy Zensar Technologies Limited:

Zensar Technologies Limited

Zensar Technologies Ltd has officially announced a consolidated sales of Rs. 939.21 Cr for the third quarter finished on 31-12-2020, which is -3.72% down from its previous quarter sales of Rs. 975.53 Cr and -11.41% up from its previous year same quarter sales of Rs. 1,060.18 Cr. The company has reported a net profit after tax of Rs. 139.17 Cr in the previous quarter.

Outlook:

Zensar Technologies Ltd: Experts suggested neutral call at current market price: Rs. 274.15 with a target price: Rs. 290.

Buy Mphasis Limited:

Mphasis Limited

Mphasis Ltd has officially announced a consolidated sales of Rs. 2,510.95 Cr for the third quarter finished on 31-12-2020, which is 2.01% up from its previous quarter sales of Rs. 2,461.55 Cr and 8.56% up from its previous year same quarter sales of Rs. 2,312.88 Cr. The company has reported a net profit after tax of Rs. 325.53 Cr in the previous quarter.

Outlook:

Mphasis Ltd: Experts suggested buy call at current market price: Rs. 1,778.85 with a target price: Rs. 1,900; Stoploss: Rs. 1,710.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

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