IT Sector (Q4FY24E Results Preview): Transition period from ‘gradually’ to ‘eventually’
IT sector (coverage universe) growth is expected to bottom out in Q4FY24 and recover ‘gradually’ in FY25E. The slowdown in macro is still a...
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Parallel Trades -16 January 2024
he spread is currently negative between TCS and INFY, signaling a long signal on the spread, which means we believe it would retrace up towards the...
340 Views
HSIE Results Daily: Tata Consultancy Services, Infosys
Tata Consultancy Services: Tata Consultancy Services (TCS) delivered in-line revenue growth and stronger operating performance in Q3
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Infosys Ltd. - Weakness Continues; Lowers Guidance
In Q3FY24, Infosys Ltd (Infy) reported revenue of Rs 38,821 Cr, down 0.4% QoQ and 1.3% QoQ (in CC terms) which stood below our expectations.
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HSIE Results Daily: Infosys, HCL Technologies
Infosys’ (INFO) strong deal wins (highest-ever) were offset by sluggishness in volumes and a slower pace of conversion resulting in cuts to our...
501 Views