BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
Q2 being the seasonally best quarter with most number of working days (also least impacted from Covid-19) would mean very strong growth for IT services peers wherein we expect tier I to deliver 4-6% sequential growth and tier II to grow in 6-9% range.
Companies may have some pressure on profitability on wage hikes, attrition, wage inflation, cost normalisation and so on; however a large part of these impact are likely to be mitigated by strong operating leverage and thus operating profit margin decline would not be significant and thus not an area of concern.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
