EBIT margin came below expectation at 22.6% down by 118 bps QoQ impacted by oneoffs, increased compensation & investments and lower utilisation. We have increased our revenue estimate for FY19/20, given beat in performance in Q3FY19, upgrade in revenue guidance, sustained investments in digital and strong deal wins. We build revenue CAGR of 13% over FY18-21E. However, due to miss in margin in Q3FY19 with continued investments and rupee appreciation, we tweak our EBIT margin estimate by 50/40bps for FY19E/20E. Hence, we maintain HOLD' rating on the stock with a revised rollover TP of Rs. 802...