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Buy Cyient Ltd For Target Rs.488 - HDFC Securities
Cyient added 16 new clients in Q2FY21, 25 new clients in Q1FY21 and had signed 2 multimillion ..
Well-crafted strategy; execution remains key
* At its analyst meet, Wipro articulated its strategy underpinned by focus on five strategic priorities to accelerate rev..
Strong operating performance; DXC uncertainties to weigh on valuations
* Mphasis’ Q2 revenue performance was ahead of expectations, while margins were in li..
The company reported standalone net loss during the quarter stood at Rs 15.52 crore compared to net profit of Rs 1.09 crore in the previous year quarter.я Net revenue of..
Growth vectors intact. Maintain BUY
We maintain BUY on HCL Tech (HCLT), based on broad-based 2Q performance and multiple growth vectors. HCLT’s prowess in cloud ..
The company reported standalone net loss during the quarter stood at Rs 165.28 crore as compared to net loss of Rs 163.92 crore in the previous year quarter. Net revenue ..
Labor reforms to drive formalization in industry
* The Upper House of the Parliament has passed the three labor codes, i.e., Industrial Relations, Social Security and..
Healthy performance at operating level…
InfoEdge’s Q1FY21 numbers were above our estimates. Revenues declined 10.4% YoY to | 280.1 crore (above our estim..
We maintain BUY on Infosys (INFY), following a strong 2Q print across revenue, operations and deal wins translating into growth leadership in FY21. Inc..
Improved operating profile
We maintain ADD on Mindtree, supported by strong and sustainable operational performance/outlook. Growth divergence between T1 account and t..
Getting back on track
We maintain ADD on Cyient, based on strong margin recovery and improving growth outlook ex aerospace. The services segment (~85% of revenue) is d..
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