Keep track of Macro events and updates on the sectors that you are interested in. All reports with more than a single
stock belonging to a sector end up here.
Broker Research reports Sector and thematic reports
for all stocks
Accenture's (ACN: NYSE) quarterly performance exceeded the consensus estimates and reported at the top-end of the guidance. However, the outsourcing bookings were disappointing (down 6% YoY), which is again coming at the back of weak bookings reported in Q1 (down 4% YoY), partly risking the odds of achieving organic growth in H2. For the Indian IT Service context, the revenue growth was already a challenge, which might get intensified with muted bookings and delayed deal closures. We believe the weakness in consumer sentiment and inflationary tariffs are yet to get fully...
Asian markets are trading mixed as U.S. economic uncertainties persist. Nikkei is trading positive by 0.42%, while Hang Seng and Shanghai are trading negative by 0.26% and 0.03%, respectively.
We anticipate industry credit growth to moderate to ~11.0% by end of FY25E, marking a sharp decline from 20.2% in FY24. This slowdown is largely attributed to a deceleration in unsecured loan expansion and persistent stress in the Microfinance (MFI) segment, which has prompted a more cautious lending approach across the sector.
Sustainability has been the buzz word since past few years. Afterall, 2024 stood out as the warmest in the 175-year observational records maintained by World Meteorological Organization. In fact, each of the past ten years were the warmest years on record. The largest three-year loss of glacier mass happened in the past three years. Carbon dioxide levels in the atmosphere are the highest in the last 800,000 years. Among numerous extreme events of rainfall, flood and drought, one of the most notable was heatwave in Saudi Arabia where temperature reached as high as 50C. But sustainability costs. As a result, we have witnessed flip flops by companies (as well as countries). Drill, baby drill has been a classic example. Amidst all this hullabaloo, a recent study does throw credible positive signs on adoption of sustainable products...
