October 8, 2024
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MFData | March SIP inflows at ₹19,271 Cr vs ₹19,187 Cr (MoM) Alert: March #SIP inflows at record high, above ₹19,000 cr for 2nd straight month
MFData | March SIP inflows at ₹19,271 Cr vs ₹19,187 Cr (MoM) Alert: March #SIP inflows at record high, above...
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TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY (5.5% YoY in CC). Key Growth – Regional Markets (+50.4% YoY), Energy (+7% YoY), Manufacturing (+5.3% YoY), BFSI (+1.9% QoQ). Margins – EBIT margin down 60 bps QoQ to 24.1%, impacted by BSNL costs and talent investments. TCV Wins – $8.6B in Q1, with concerns about lower FY25 inflows without more mega deals. Outlook – Targeting 26% EBIT margin by Q4, driven by AI/GenAI expansion. Valuation – Trading at ~26x FY26 P/E, limited upside. #FinancialNews #Financial MarketTrends https://earnfree.in/latest TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY (5.5% YoY in CC). Key Growth – Regional Markets (+50.4% YoY), Energy (+7% YoY), Manufacturing (+5.3% YoY), BFSI (+1.9% QoQ). Margins – EBIT margin down 60 bps QoQ to 24.1%, impacted by BSNL costs and talent investments. TCV Wins – $8.6B in Q1, with concerns about lower FY25 inflows without more mega deals. Outlook – Targeting 26% EBIT margin by Q4, driven by AI/GenAI expansion. Valuation – Trading at ~26x FY26 P/E, limited upside. #FinancialNews #Financial MarketTrends https://ift.tt/ipLcwD7
TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY...
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