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
LTIMindtree - LTI-MTCL Merge, Revenue Synergies to Drive Growth
LT announced the merger of LTI and MTCL, its two IT Services subsidiaries, on 6th May’22. On receipt of the NCLT approval, the merger formalities...
393 Views
Mindtree Ltd - Robust Revenue Growth; Superior Execution to Support Further Growth
The company posted operating profits of Rs 716 Cr, registering a growth of 8.8% QoQ and demonstrating the company’s superior execution and better...
360 Views