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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Sector Update: Accenture Q3 FY24 Result Update
Accenture’s reported Q3FY24 results stood below street expectations on all financial and operational terms. Revenue for the quarter stood at $16.5 Bn
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Top Sector Ideas - IT Services (Q4FY24)
Disappointing revenue growth: Most IT companies have reported disappointing revenue growth in Q4FY24, indicating subdued demand from the world’s...
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Persistent Systems (Q4FY24): Buy the Dip. Maintain BUY
Persistent Systems (PSYS) ticked the box on growth and deal wins, while margins for the quarter faltered due to deal-specific dynamics
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Persistent Systems Ltd. - Inline Results; Resilient Outlook to Aid Growth
Reported revenue stood in line with our expectations. The company reported operating profits of Rs 454 Cr, posting a growth of 2.8% on a QoQ basis.
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