Growth outlook turbocharged by cloud spend
We attended LTI's Analyst Day, where the management a) reiterated its guidance for strong broad-based growth for the coming 35 years and b)...
266 Views
HSIE Results Daily: UltraTech Cement, L&T Infotech
L&T Infotech: We maintain ADD on L&T Infotech (LTI), following a robust Q2 (beat on revenue and margin) and strong growth visibility for H2, based...
159 Views
Buying Opportunities Within Emerging Markets and Japan; US Dollar Failing At 93.50
MSCI Emerging Markets (EEM-US) and Japan (TOPIX, TOPIX Small) have been some of the weaker areas to invest throughout 2021. We now see early signs...
174 Views
Growth focus to keep margins tethered
L&T; Infotech (LTI)'s 1QFY22 USD revenue growth stood at 4.8% QoQ CC, above our est. of 3.4% QoQ CC. Growth was largely led by deal ramp-ups in Hi...
167 Views
HSIE Results Daily: Tata Elxsi, L&T Infotech
We downgrade Tata Elxsi (TELX) to REDUCE (ADD earlier), based on diminishing margin of safety at 43x FY23E and following an in-line Q1 (both...
167 Views