Sunday, September 22, 2024

Hopes of earnings revival lift Indian tech firms’ valuations

Analysts say despite subdued revenue growth across the $250 billion Indian IT industry, valuations are getting a heft from an anticipated revival in demand in key clientele regions – the US and Europe. Expected business revival, deal wins and focus on margin improvement in the past 2-3 quarters has further pushed up the momentum.

from Tech-Economic Times https://ift.tt/nMVdi6W

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