Information technology services companies including LTIMindtree Ltd, Coforge Ltd, Sonata Software Ltd, and Happiest Minds Technologies Ltd do not traditionally provide full-year revenue guidance, but that has not stopped them from setting aspirational revenue goals. India’s sixth largest information technology services provider ended March 2024 with $4.3 billion in yearly revenue, up 4.4% from the previous fiscal. “If the company’s …
The GIFT Nifty index, around 8:30 am on Wednesday, was down 58 points or 0.25 per cent at 23,291. From tech companies like TCS, Tata Technologies, Wipro, and LTIMindtree, to logistics company like TVS Supply Chain, here’s a look at stocks that are expected to be in focus on Wednesday The GIFT Nifty index, around 8:30 am on Wednesday, was …
Goldman Sachs has initiated coverage on six Indian Information Technology services companies and expects the sector to see growth amid tailwinds from Generative AI and pent-up demand. While our overall sector revenue growth is in line with consensus, we see company specific divergence, and are ahead of consensus on Infosys and TCS,” Goldman Sachs said in a note. TCS is …
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