TCS, HCL Tech, Infosys or midcaps? Investors eyeing these IT stocks ahead of Q4 results
The Street is worried about the risks of recession and potential cut in FY24 revenue. However, sharp decline in attrition has greatly reduced margin headwinds from war for talent. Cross-currency tailwinds (USD depreciating against USD/GBP) are expected to be significant this quarter, thereby boosting reported revenue growth.
