Software & Services
Software & Services
SECTOR | 18 Jun 2021
Prabhudas Lilladhar
Pickup in large travel deal wins from 2HFY21 Mindtree (2 deals), Coforge (2 deals), TCS (3 deals), HCLT (1 deal) IT services companies are likely to be major gainers from structural changes in travel industry post Covid. We believe emerging themes of contactless booking, check-in, improved safety standards will require extensive use of technology for a smooth experience. Although full recovery in travel industry is 1-2 years away, worst seems over given rising vaccination and increase in domestic travel across geographies. Since 3Q21, IT services travel vertical...
IDBI Capital released a Sector Update report for Software & Services on 20 May, 2025.
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