HCLTech’s Q4 results did not spring any major negative surprises. While a decline in engineering and research & development (ER&D) revenues disappointed, growth in BFSI and North America surprised positively. FY24 guidance of 6-8% for growth and 18-19% margins was in line with expectations. We cut our estimates by 2% on a higher tax rate […]
By Bhavik Patel Crude prices witnessed sharp fall this week and all the gains it amassed around 1st April when OPEC+ has unexpectedly decided to cut production has been wiped out. In fact prices are trading lower than that level and now we believe there will be some pullback. There is disconnect between crude prices […]
网站备案号: 粤ICP备16118000号-1