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Net Sales are expected to increase by 0.1 percent Q-o-Q (up 15.4 percent Y-o-Y) to Rs. 16,012.3 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 0.2 percent Q-o-Q (up 15.4 percent Y-o-Y) to Rs. 16,014.5 crore, according to Kotak.
Brokerages expect dollar revenue growth in range of 2.7 percent to 3.3 percent compared to previous quarter as deal momentum has been extremely strong with announcements of several large and mega deals
But non-auto consumer discretionary companies like Titan and Zee Entertainment are expected to report relatively stronger growth, Deutsche said.
Net Sales are expected to increase by 1.1 percent Q-o-Q (up 20.4 percent Y-o-Y) to Rs. 15,873 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 1.3 percent Q-o-Q (up 24.1 percent Y-o-Y) to Rs. 15,896.5 crore, according to Kotak.
CLSA said strong growth in US is positive for most firms, but more for Infosys & Cognizant while strong growth in CMT is positive for Tech Mahindra, Wipro & HCL Technologies
The strategic intent, earning visibility and undemanding valuation makes it a worthy buy in a volatile market
Kotak Securities expects HCL Technologies to maintain 9.5-11.5 percent constant currency revenue growth guidance.
Net Sales are expected to increase by 4 percent Q-o-Q (up 20.7 percent Y-o-Y) to Rs. 15,449.6 crore, according to Dolat Capital.
Net Sales are expected to increase by 3.4 percent Q-o-Q (up 20 percent Y-o-Y) to Rs. 15,363.4 crore, according to Prabhudas Lilladher.
FY19 guidance by Infosys and HCL Technologies, and next quarter guidance by Wipro will also be the key metrics to watch out for
CIMB retained its overweight stance on Infosys & Tech Mahindra as both are its preferred large cap picks.
Smaller companies have had a good run in September quarter. This suggests that such stocks can give good returns even as the market volatility ensues.
C Vijayakumar, CEO and Prateek Aggarwal, CFO of HCL Tech, spoke to CNBC-TV18 about the earnings and business plans
Brokerage houses expect sequential revenue growth in the range of 2.5-3.7 percent in constant currency (CC) terms
Net Sales are expected to increase by 6.5 percent Q-o-Q (up 18.8 percent Y-o-Y) to Rs. 14,775.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 5.7 percent Q-o-Q (up 18 percent Y-o-Y) to Rs. 14,672.4 crore, according to Motilal Oswal.
HSBC has a Buy call on Infosys with increased target price at Rs 880 from Rs 830 per share earlier.
Acceleration of the overall industry’s constant currency revenue growth in Q1FY2019 validates our earlier conviction on better revenue growth for the industry in FY2019E compared to FY2018 with TCS, Infosys, HCL Tech and Tech Mahindra being the preferred picks.
The undemanding valuation leaves room for upside should the strategy play out on expected lines
Net Sales are expected to increase by 6 percent Q-o-Q (up 15 percent Y-o-Y) to Rs. 13,975.6 crore, according to Edelweiss.
Net Sales are expected to increase by 7.7 percent Q-o-Q (up 16.8 percent Y-o-Y) to Rs. 14,190 crore, according to HDFC Securities.
Accenture’s robust Q318 results along-with persisting double digit growth in outsourcing revenues further bolsters confidence, the report further added.
While the management has directional clarity, the turnaround in acquisitions and ramp up of its digital and product offerings remain critical.