SK Shieldus IPO - Refiling Disclosures Should Make Multiples Move, LOWER.
SK Shieldus (SKS) aims to raise around US$800m via issuing a mix of primary and secondary shares in its Korea IPO. In this note we will look at the...
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Information Technology Sector- Sector Update- Move to Underweight
We are downgrading Indian IT Services sector to underweight (UW) on a 12-month basis, though in the near term, there is relative earnings...
265 Views
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...
389 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...
361 Views
Pick of the Week: Wipro Ltd
Wipro Ltd is India’s one of the largest IT services exporter and has a strong global presence. It provides industry-wide solutions including next...
287 Views