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Net Sales are expected to increase by 7.9 percent Q-o-Q (up 50 percent Y-o-Y) to Rs. 2,027.2 crore, according to KR Choksey.
Net Sales are expected to increase by 8.4 percent Q-o-Q (up 45.2 percent Y-o-Y) to Rs. 1,616.7 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 10 percent Q-o-Q (up 38 percent Y-o-Y) to Rs. 1,483.2 crore, according to Arihant Capital.
Net Sales are expected to increase by 8.4 percent Q-o-Q (up 32.3 percent Y-o-Y) to Rs. 1,333.1 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 2.3 percent Q-o-Q (up 18.7 percent Y-o-Y) to Rs 1,100 crore, according to KRChoksey.
Net Sales are expected to increase by 14.3 percent Q-o-Q (up 64.9 percent Y-o-Y) to Rs 138.3 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 2.7 percent Q-o-Q (up 19.2 percent Y-o-Y) to Rs. 110 crore, according to Motilal Oswal.
Net Sales are expected to increase by 3.2 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs. 1,040.2 crore, according to KR Choksey.
Net Sales are expected to decrease by 2 percent Q-o-Q (up 9.1 percent Y-o-Y) to Rs. 907.9 crore, according to Motilal Oswal.
Persistent Systems delivered a steady performance in a tough environment, with better-than-expected performance in both revenue and operating profitability.
Now management sees FY21 to be better placed in total expenses point of view than FY19 & FY20.
Net Sales are expected to increase by 4.4 percent Q-o-Q (up 6.8 percent Y-o-Y) to Rs. 923.3 crore, according to Motilal Oswal.
Net Sales are expected to increase by 5.6 percent Q-o-Q (up 5.2 percent Y-o-Y) to Rs. 878.6 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 4 percent Q-o-Q (up 3.6 percent Y-o-Y) to Rs. 865.6 crore, according to Motilal Oswal.
Net Sales are expected to increase by 2 percent Q-o-Q (up 1.7 percent Y-o-Y) to Rs. 848.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 13.6 percent Y-o-Y) to Rs. 854.6 crore, according to Prabhudas Lilladher.
Citi has upgraded the stock to neutral and raised price target to Rs 620 from Rs 605 earlier as it believes buyback announcement & new CEO should support over the next few months.
Net Sales are expected to increase by 7 percent Q-o-Q (up 12.9 percent Y-o-Y) to Rs. 893.8 crore, according to Dolat Capital.
Net Sales are expected to increase by 3.5 percent Q-o-Q (up 11.6 percent Y-o-Y) to Rs. 831.3 crore, according to Prabhudas Lilladher.
While the stock has corrected post a very disappointing quarter, we draw comfort from the commentary and the inexpensive valuation of 10.5X FY20e earnings.
Net Sales are expected to increase by 3.8 percent Q-o-Q (up 13.8 percent Y-o-Y) to Rs. 866.1 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 4.4 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs. 870.6 crore, according to Motilal Oswal.
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.
We remain optimistic on the Persistent’s growth potential and margin improvement as it has strengthened its digital capabilities and migrated from pure effort-based business to a value-based one (IP driven).
Net Sales are expected to increase by 8.5 percent Q-o-Q (up 12.1 percent Y-o-Y) to Rs. 816.3 crore, according to Edelweiss.