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...
305 Views
Mphasis Limited: Margins Impacted by One-Off Acquisition Related Cost
Mphasis'; share price has grown by ~7x over the past Recent run up in price prompts us to maintain HOLD rating Target Price and Valuation: We value...
71 Views
Growth convergence with the Direct business to aid valuation
MPHL's 2QFY22 performance was led by a 9.9% CC QoQ growth in the Direct business, while the DXC vertical (6% of revenue) again declined (-24.5% QoQ...
78 Views
HSIE Results Daily: Mphasis, Container Corporation, LIC Housing Finance and More
LIC Housing Finance: LICHF disappointed, driven by elevated provisioning (1.1% of loans, annualised) and interest reversals (INR1.35bn). While...
91 Views
HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System,
HSIE Results Daily Reliance Industries, ICICI Bank, ITC, Ambuja Cement, Mphasis, Persistent System, Indiamart, Federal Bank, Heidelbergcement India...
125 Views