Robust Q3 earnings likely by HCL Tech, Wipro, Tech Mahindra despite seasonal lean period, says Kotak Institutional Research report
Brokerage firm Kotak Institutional Research expects a stronger December-end quarter growth in information and technology companies across on sequential basis despite seasonal lean period due to furloughs. The earning season will kick-start mostly from next week.
The IT services sector is likely to register a strong revenue growth same as the last year: PTI