Sales/EBITDA/PBT/PAT growth for Nifty constituents was marginally better than our estimates at +5%/+21%/+27%/+28% YoY in 2QFY24.
IT sector struggles to justify premium valuations amid growth fatigue: Sandip Agarwal
Sandip Agarwal from Sowilo Investment Managers believes large-cap IT firms are unlikely to exceed 6-7% revenue growth in the long term. He finds their current