Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline. Axis Bank is expected to boost net profit by 8% with rising NII, and Nestle India projects a 5-7% revenue uptick.
Is it time to bet on IT and private bank stocks? Mihir Vora answers
So, headline numbers tend to kind of mask a bit of the underlying churn that is going on in the segment, that is one. And