HSIE Results Daily: Bajaj Auto, L&T Technology Services
Bajaj Auto: Driven by a better mix and higher sales of spare parts, Bajaj Auto’s Q2 revenue grew 21% YoY to INR 127bn (HSIE INR 128bn)
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IT Sector (Q2FY25E Results Preview): Recovery in progress
The IT sector growth is in the middle of its recovery, having bottomed out two quarters ago, and is expected to achieve a high single-digit over...
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IT Sector: Recovery Signs
Key takeaways included (1) continued (prosaic) commentary on cost optimisation focus but signs of improvement in demand (2) stable to upward bias...
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[ETP 2024/33] Oil Lost Gains to Demand Concerns and Unexpected Build in US Inventories
US crude inventories unexpectedly rose, while natural gas inventories fell for the first time since April. Major brokerages lowered target prices...
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IT: More of the same is good news
IT sector (coverage universe) continues to transition from a protracted IT upgrade cycle and low discretionary spending to some normalisation in...
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