Pressure amps up on Infosys, Wipro likely to beat high expectations

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Pressure amps up on Infosys, Wipro likely to beat high expectations - Business Standard

Quick Summary:

Consensus estimates predict margins should expand for both companies, which analysts at Emkay Research attribute to absence of visa costs and expense-optimization measures across the sector.

The battery manufacturing company’s scale and cost advantages contributed to margin stability, allowing it to fend off intense competition, while new growth is generated from the energy-storage business, said BI.

The firm is expected to reiterate healthy fourth-quarter revenue guidance, JPMorgan said.Delays in Nvidia Corp.’s Blackwell chips and how that would impact TSMC will also be in focus.