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How to evaluate IT sector’s Q1 numbers in a likely washout quarter

Updated : July 02, 2020 04:24 PM IST

Limited relevance should be given to the headline financials of IT companies in Q1FY21, said CLSA report.
For top-five IT players, expect a 5-8 percent QoQ decline US$ revenues in constant currency terms.
Infosys and HCL Technologies are our key picks, said the report.
How to evaluate IT sector’s Q1 numbers in a likely washout quarter

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