Q4 earnings preview: Infosys and Wipro should see flat revenues, while TCS is expected to outperform others with 2.2 per cent QoQ CC, driven by the scaling up of the BSNL business, Motilal Oswal said.
Stocks in today: The Q4 earnings reports, primarily from the IT and banking sectors, will influence market trends this week. Infosys, HDFC Bank, Vedanta, Angel One among stocks to watch on April 17, 2023.
Infosys on Thursday delivered a surprisingly weak set of numbers for Q4 and missed Street estimates on multiple fronts. Analysts tracking Infosys have either downgraded or cut their price targets on the stock. Watch this Business Today Visual Story to see whether you should buy, hold or sell Infosys stock.
Infosys Q4: At constant currency (CC), the company s revenue grew by 8.8 percent on-year during the fourth quarter, and by 15.4 percent during the entire fiscal year.