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Net Sales are expected to increase by 0.1 percent Q-o-Q (up 9.5 percent Y-o-Y) to Rs. 15,072 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 0.7 percent Q-o-Q (up 11.6 percent Y-o-Y) to Rs. 15,262.2 crore, according to Kotak.
The IT company is expected to report 1.5-2.0 percent growth in dollar revenue and around 1.2-1.6 percent growth in constant currency terms
But non-auto consumer discretionary companies like Titan and Zee Entertainment are expected to report relatively stronger growth, Deutsche said.
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
Kotak advised adding HCL Technologies, L&T Infotech, Mindtree and Tech Mahindra which could return 8-12 percent
Jefferies has raised Wipro's EPS estimates over FY19-21 by 5-7% to reflect better margins
Jefferies expects 2.5 percent constant currency revenue growth (1.9 percent USD) that includes 1.2 percent contribution from Alight acquisition
Net Sales are expected to increase by 2.5 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 14,904.5 crore, according to Dolat Capital.
Net Sales are expected to increase by 4.6 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 15,212.6 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
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.
Kotak and Phillip Capital expect CC revenue growth of 2 percent and 2.1 percent respectively, which is near higher end of guidance.
Net Sales are expected to increase by 4.6 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 14,626.6 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 4.5 percent Q-o-Q (up 8.8 percent Y-o-Y) to Rs. 14,605.2 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.
Wipro hit an intraday low of Rs 263.35 in the first 15 minutes of trade which is close to its 52-week low of Rs 253.50.
Net Sales are expected to increase by 1.6 percent Q-o-Q (up 2.7 percent Y-o-Y) to Rs. 13,989.4 crore, according to Edelweiss.
Net Sales are expected to increase by 1.3 percent Q-o-Q (up 2.4 percent Y-o-Y) to Rs. 13,952 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.
Given the recent traction in deals at larger rival TCS, Wipro’s commentary on deal wins will also be keenly watched.
Net Sales are expected to increase by 1.7 percent Q-o-Q (down 0.6 percent Y-o-Y) to Rs. 13907.1 crore, according to Edelweiss.
Net Sales are expected to increase by 2.3 percent Q-o-Q) to Rs. 13,977.4 crore, according to Motilal Oswal.
Net Sales are expected to increase by 2.5 percent Q-o-Q (down 3.1 percent Y-o-Y) to Rs. 14,028.1 crore, according to Kotak.