“Margin improvement is volatile as the small impact on utilisation for its network impacts the margin as pricing power is limited,” said the brokerage, while slashing its target price from ₹600 to ₹488.
Pankaj Pandey, Head of Research, emphasizes selective stock recommendations due to high anxiety levels in the market. He forecasts growth for Newgen Software and positive
But there are several other data points that would confirm the strength of the economy. On the other hand, inflation is tame, as we saw
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