External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

<ul><li>Recovery Trends in Q1FY25: Most IT companies have shown improved performance in Q1FY25, indicating a revision in demand and stabilization of uncertainties in major global economies.</li><li>The Indian IT services sector is witnessing a faster recovery in AI use cases, ER&amp;D, and other emerging technologies, although discretionary spending remains subdued due to ongoing macroeconomic concerns.</li><li>Revenue growth from the North America business continues to trail behind Europe for Tier-1 tech companies, maintaining the trend observed in recent quarters However North America showed a recovery and likely to improve further.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Recovery Trends in Q1FY25: Most IT companies have shown improved performance in Q1FY25, indicating a revision in demand and stabilization of uncertainties in major global economies.The Indian IT services sector is witnessing a faster recovery in AI use cases, ER&amp;D, and other emerging technologies, although discretionary spending remains subdued due to ongoing macroeconomic concerns.Revenue growth from the North America business continues to trail behind Europe for Tier-1 tech companies, maintaining the trend observed in recent quarters However North America showed a recovery and likely to improve further.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Top Sector Ideas – IT Services (Q1FY25)