BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Post Q1 CY21 results – along guided lines, Cognizant Technology Solutions Ltd. raised its organic constant currency revenue growth guidance for CY21 from 1%-4%, indicated three months back, to 2.5% 4.5%.
This growth is significantly lower than the double digit number (organic constant currency) indicated by almost all of its large India heritage peers for FY22.
For the first time in the industry, we heard the company saying business was foregone (a few 100 basis points) because of talent issues.
War for digital talent become visible in recent times on:
Rising attrition levels in select companies.
Indications of second round of salary hikes within three to six months of the last hikes.
Higher than historical salary hikes, etc.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR