IT Sector - Looking Beyond Near-Term Macro Stress
BFSI vertical and Hi-Tech vertical can be soft in the near term on delayed decision-making and rationalisation of discretionary tech spend.
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Sonata Software (Update): Changing orbit. Maintain BUY
Sonata Software announced its largest acquisition of Quant Systems, which involves a cash payout of USD 65mn and an earn-out of USD 95mn payable...
198 Views
HSIE Results Daily: Maruti Suzuki, SBI Cards and Payment Services
Maruti Suzuki: Maruti’s Q3 PAT, at INR 23.5bn, came in above our estimate of INR 18bn, led by better-than-expected ASP and higher other income
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Sonata Software (Sonata) - IT Services Numbers Weak…
The company provides IT services to travel, retail, agri & commodities and manufacturing and software vendors Net debt free and healthy double...
197 Views
HSIE Results Daily: ICICI Lombard, L&T Technology Services, Sonata Software
ICICI Lombard: ICICI Lombard (ICICIGI) printed NEP 9% ahead of estimates (+18% YoY); however, reinvestments into building the retail health agency...
137 Views