Wednesday, January 4, 2023

 After The IT Sector's ‘Annus Horribilis’ In The Year 2022, #JPMorgan In Its Note Said It Expects Revenue Growth Of Companies To Come Down To 6-8% From The Mid-Teens.

Reason: Shrinking Tech Budgets As Well As Pricing Pressure On The Back Of Higher-Than-Expected Furloughs..

#A3RT

No comments:

Post a Comment

  #IT STOCKS GIVEN SOME RELIEF RALLY.. #TCS +2.60% AND TRADING NEAR 2,118 #INFY +2.80% AND TRADING NEAR 1,057 #TECHM +4% AND TRADING ...