Information Technology Sector- Sector Update- Move to Underweight
We are downgrading Indian IT Services sector to underweight (UW) on a 12-month basis, though in the near term, there is relative earnings...
312 Views
IT: Supply-Side Constraints Persist; Demand Robust
IT Services sector is expected to report strong growth in Q4FY22 primarily on account of the new large deal wins and a ramp-up of deals won in the...
434 Views
Information Technology: Moderating, yet Strong
IT index is up >40% (mid-tier >100%) over the past year, supported by (1) earnings upgrade of ~5% for tier-1 IT and ~20% for mid-tier IT and...
398 Views
Accenture - Results In-Line With Expectation; Guidance Below Expectations
Revenue for the quarter stood at $15.7 Bn, posting an encouraging growth of 5% YoY in USD and 15% in local currency despite rising pressures of...
579 Views
LTIMindtree - Demand Moderation and One-Off Costs to Weigh on H2 Performance
Q3 revenue growth is likely to be impacted by the higher-than-usual furloughs, lower number of working days at onsite, and elimination of related...
524 Views