“I would say that on anticipated lines. As we have maintained our view this largecaps in IT are 5-6% growth story for long term, I do not see numbers going beyond that, in some year growth is zero, then it can be 8-9%, 10% but broadly this has become a 6-7% revenue growth story sector … Read more
The next phase of the market rally is likely to be led by the IT and banking sectors, supported by their strong Q3 performance and favourable valuations, says Ravi Singh, SVP – Retail Research, Religare Broking. “The banking sector, in particular, stands to benefit from a positive Union budget for FY26 and the Reserve Bank … Read more
Indian IT companies are expected to report a single-digit revenue growth up to 4% in the quarter that ended on September 30, 2024 with the likelihood of positive commentary for the rest of FY25, according to estimates by three brokerages. The earnings season begins on Thursday, October 10 with the announcement of results by Tata … Read more