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
Wipro Ltd. - Miss on All Fronts; Management Lowers Guidance
In Q1FY24, Wipro’s reported revenue stood below our expectations at Rs 22,831 Cr, down 1.5% QoQ and 2.8% QoQ (in CC terms).
544 Views
Wipro Ltd. - Miss on All Fronts; Lowers Guidance
In Q4FY23, Wipro Ltd. reported revenue of Rs 23,190 Cr, up 0.8% QoQ but (0.6%) QoQ (in CC terms), which stood below our expectations.
470 Views
Accenture - Results Beat Expectations Albeit with Lower Guidance
Revenue for the quarter stood at $15.8 Bn, posting an encouraging growth of 5% YoY in USD and 15% in local currency despite rising pressures of...
588 Views