What belied hopes of the Street was the muted increase in yields at 1.9 per cent, compared to the 3.5 per cent estimated by them
Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
Passenger vehicle (PV) sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
Its key segments of Lifestyle and Pantaloons are expected to post mid-teen growth
Cut in GST rate to 18% from 28% will help sector, says company
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Investors should avoid exposure with growth unlikely before FY21
Firm de-risking business model but pressure on revenue likely in the near term
The company reported a 27 per cent fall in turnover, driven by the mobility segment that fell 31 per cent over the year-ago quarter
Revenue growth, margins have been trending up over the past couple of quarters
Brokerages revise earnings estimates, valuation multiples upwards
To retain market share, the company will continue to focus on quality customers, reduce churn, and focus on content to improve customer stickiness
While analysts expect volume growth in 2019-20 (FY20) to be flat, they expect it to be at 4 per cent each in the next two years
Volume decline was offset by price hikes and lower commodity costs
After muted performance over the last few quarters, LTI put up a better show in Q2FY20
Further, revenue and cost recognition have not adhered to accounting norms and have been done to improve short-term profitability
The company was able to reverse weak revenue trends from its top five clients over the past few quarters
New emission norms to further add to demand challenges
Near-term challenges on CVs, oil and gas will keep stock under pressure
Robust deal pipeline, margin gain hopes have helped it to bridge the valuation gap with TCS