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ACCENTURE GUIDANCE UPGRADE
TCS, Infosys, other IT stocks rise up to 3% on Accenture’s Q2 results. What are analysts saying?Indian IT stocks surged following Accenture's robust results, which beat revenue expectations and saw record bookings. The global IT giant ...- Sandip Agarwal sees limited upside for Indian IT sector amid uncertain outlookSowilo Investment Managers' Sandip Agarwal suggests caution for Indian IT. Accenture's CY25 outlook is uncertain. This casts doubt on India...
- Accenture quarterly numbers point to strong GenAI prospectsAccenture's latest earnings boost Indian IT sector outlook. GenAI bookings hit a record high. North American demand shows signs of recovery...
- TCS, Infosys, Wipro and other IT stocks in focus after Accenture's Q1 revenue beat and upgraded guidanceAccenture's strong Q1 earnings, driven by AI demand, boosted Indian IT stocks like Infosys and Wipro in US markets. Despite earlier losses ...
- IT stocks look set for recovery with pick-up in outsourcing demandThe BSE Infotech index has gained 15.9% during the period, the third highest following 20.9% return in the BSE Healthcare and 16.6% increas...
- Accenture revenue guidance lifts sentiment at IT countersHCL Tech and Coforge gained 1.4% and 1.2%, respectively. Mphasis, Persistent Systems, Infosys and Tata Consultancy Services closed between ...
- Accenture effect! Infosys, Tech Mahindra, other IT stocks rally up to 4%Shares of Indian IT companies like Infosys, Wipro, and Tech Mahindra surged up to 4% after Accenture's strong Q4 results and increased reve...
- IT stocks rally looks premature after Accenture's underwhelming guidance. Should you sell?Accenture reiterated its headline FY24 revenue growth guidance of 2-5% YoYcc but increased the inorganic contribution to more than 2% vs 2%...
- Accenture earnings harbinger of bad news for 3 Indian IT stocks. Sell or hold?Accenture's 4% YoYcc growth in 4QFY23, at the mid-point of its 2-6% guidance, was the sixth straight quarter of revenue deceleration for th...
- Accenture Q2 takeaways: Desi IT firms eye solid Q4 results, upgradesThe IT firm upgraded its guidance by 450 basis points, in addition to 700 basis points in the previous quarter, suggesting no impact of Rus...
- Accenture's guidance upgrade hints at strong growth for IT firms in FY23While the BSE Sensex was down over 250 points in early trade on Friday, Infosys, HCL Tech, TCS and Tech Mahindra gained up to 3 per cent an...
- Q1 IT sector preview: Sales may rise up to 9.5% QoQ; wage hikes to dent marginsThe quarter usually sees higher billing days and an uptick in spending after budget allocation. This time would be no different, as suggest...
- Accenture Q3 suggests Indian IT firms may surprise D-St in Q1 earnings seasonAccenture, whose performance and revenue guidance is typically seen as a barometer for the performance of Indian technology companies, repo...
- 5 attractive bets in IT largecap and midcap space“The structural benefits will play through even in the margins for the IT companies.”
- IT sector Q3 preview: Best Q3 in a decade, guidance upgrades & moreIT stocks, which had a solid 2020, saw some underperformance towards the later part of the year.
- TCS hits 52-wk high on opening day of share buybackIndia’s largest IT services provider by revenue will buy back about 53 million equity shares, representing 1.42% of its total issued and pa...
- Tech wave: Many multibaggers to emerge from IT midcapsExpect a very high growth phase for the IT sector with very good margins for the next five to seven years, says Sandip Agarwal.
- Forex gains may bring significant earnings upgrades for IT stocksTCS has seen a 3 per cent jump in its EPS estimates in the past four weeks.
- Should you bet on IT stocks after Accenture's solid show in Q3? Experts’ takeIf the rupee bleeds further, information technology companies will surely benefit.
- Top five reasons why CLSA has upgraded TCS to ‘buy’ with a target price of Rs 3000CLSA says that FY15 has been a roller coaster for TCS investors, thanks to a combination of FX impact (JPY and European currencies).
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