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08 Jul 2024
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Software & Services
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Axis Direct
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Sector Update
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Our top positive plays are: KPIT, Persistent Systems, Coforge Our top negative plays are: SIS
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02 Jul 2024
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Software & Services
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Prabhudas Lilladhar
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Sector Update
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01 Jul 2024
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Software & Services
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IDBI Capital
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Strategy Note
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21 Jun 2024
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Software & Services
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Axis Direct
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Sector Update
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Our picks from Largecaps: HCL Tech; TCS Our picks from Midcaps: Coforge; Persistent Systems; and Cyient
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13 Jun 2024
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Software & Services
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KRChoksey
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Sector Update
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IT Industry continues to face subdued demand from major global economies, reflected in their revenue growth.
Revenue growth from North America continues to lag behind Europe majorly for top Tier-1 companies.
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24 May 2024
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Software & Services
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Axis Direct
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Sector Update
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Top Sector Ideas - IT Services (Q4FY24): Persistent Systems, KPIT Tech
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17 May 2024
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Software & Services
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Trendlyne Analysis
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Sector Update
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The IT services industry is at a crossroads, with the rise of new technology like artificial intelligence, and a slowdown in traditional spending from banking and financial clients. The Q4FY24 earnings of five major IT firms - Tata Consultancy Services (TCS), Infosys, HCL Technologies (HCL Tech), Wipro, and Tech Mahindra have shown a marked slowdown in their topline.
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10 May 2024
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Software & Services
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IDBI Capital
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Sector Update
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09 May 2024
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Software & Services
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Prabhudas Lilladhar
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Sector Update
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11 Apr 2024
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Software & Services
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KRChoksey
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Sector Update
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The top-line growth for IT companies has come under severe pressure in recent quarters and this trend is expected to continue in Q4FY24E.
Mega or large deals announcements have been lacking and the commentary on demand from both Indian and Global IT Services firms for 1HCY2024 has been cautious.
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