HCL Tech, Infosys, Wipro and Tech Mahindra: Trading strategies and Fundamentals highlighted ahead of result season
Sharekhan says that after surprising the street with the robust sequential performance in Q3, Indian IT companies are expected to continue their strong sequential revenue growth momentum in a seasonally weak March quarter. Strong demand tailwinds, ramp-up of deal wins, anticipated broad-based growth across key verticals (including BFSI and retail), and gradual recovery in troubled verticals will contribute to a healthy organic revenue growth for Top IT Companies
Sharekhan says that among the top five IT companies, TCS is expected to report leading USD revenue growth of 4.9% qoq, followed by Wipro (3.8% qoq): Reuters