On the positive side, the traction in new deals for the banks, financial services, and insurance (BFSI) vertical showed improvement and headcount increased year-on-year for the first time in five quarters. Given the seasonal weakness in the remaining two quarters of the current fiscal year, the overall growth and margin trajectory may show stress on a full year basis, which may weigh on the company’s stock price in the near term.
Fund Manager Talk | Don’t ignore smallcaps: HSBC MF CIO on where growth lies in FY26
HSBC MF’s Venugopal Manghat says smallcaps are gaining on strong fundamentals, not just liquidity. Despite global risks, domestic growth drivers remain robust. Retail investors show
June 1, 2025