🧵 1. Accenture's mixed Q3 earnings indicate potential positive outcomes for Indian IT firms with similar profiles and services. #fintech
🧵 1. Accenture's mixed Q3 earnings indicate potential positive outcomes for Indian IT firms with similar profiles and services. #fintech
🧵 2. TCS and Infosys are expected to perform well in upcoming quarterly results due to their focus on managed services, following Accenture's lead.
🧵 3. Wipro's exposure to consulting may hinder its performance as Indian IT companies aim to secure large deals in a competitive environment.
🧵 4. Despite a slight revenue decrease, Accenture narrowed its growth guidance for FY24. The focus on managed services and AI investments remains key.
🧵 5. TCS and Infosys are strategically positioned for success as they mirror Accenture's work focus and adapt to market demands for technology solutions.
🧵 Read more at: https://www.financialexpress.com/business/industry-accentures-earnings-mixed-bag-for-indian-it-firms-3531525/