On the IT side according to me it is probably some time to book profits because see, when you look at US as a market while the spends or TCVs have been good for most of the companies, quarter on quarter growth has been on expected lines, margin expansion of say about 100 odd bps for some of the companies was on expected lines.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of
August 15, 2026