Whalesbook
Zensar Technologies reported a tepid Q2 FY26 with flat revenue growth, primarily due to underperformance in the hi-tech (TMT) vertical. Despite headwinds like wage hikes, margins remained resilient. Order intake slowed, impacting future growth outlook. The company is pushing its AI transformation capabilities with ZenseAI. Analysts maintain a neutral stance, recommending gradual accumulation on declines.