IT (Q4FY23E Results Preview) - Soft Quarter; Outlook Holds the Key
We expect tier-1 IT to post growth in the range of -2% to +1% QoQ and mid-tier IT to post growth in the range of -1.4% to 2.6% QoQ CC organic
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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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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...
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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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