HDB Financial Services IPO - Parent Brand and Easing Macros Should See It Through
HDB Financial Services is looking to raise around US$1.5bn in its upcoming India IPO. In this note, we talk about the IPO pricing.
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Infosys - Guidance Upgrade a Dampener
Infosys (INFO) reported 2QFY25 revenue of USD4.9b, growth of 3.1% QoQ/3.3% YoY CC vs. our estimate of 3.0% QoQ CC. EBIT margins stood at 21.1% vs....
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Infosys Ltd - Strong H1, Guidance Raised
PAT at Rs. 6,918 crore (up 18% y-o-y/ 15% q-o-q) saw a large beat due to reversal of tax provisions (~Rs. 550 crore, one off) along with higher...
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Infosys Ltd - Broad-Based Growth; Management Upgrades Guidance for FY25
The company saw a strong recovery in the BFSI and other verticals, and management anticipates continued demand momentum for Gen AI, along with...
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Infosys: On Your Marks, Get Set…Maintain ADD
We expect Infosys to outperform its peers in Q2FY25E growth, with an upside risk to its 3-4% FY25E guidance (our estimates are slightly above the...
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