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Earnings

IT sector Q2 preview: Margin improvement likely to soften exchange rate volatility impact

Updated : September 18, 2020 01:09 PM IST

CLSA estimates a 150-250 bps cross-currency impact on reported US dollar revenue in Q2FY21 for the top five IT players.
Infosys and HCL remain CLSA’s bottom-up sector picks.
IT sector Q2 preview: Margin improvement likely to soften exchange rate volatility impact

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