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.
Axis Securities Report
L&T Technology Services Ltd., on its investors day, stated that the company has accelerated demand and will reach the $1 billion revenue mark in the near term and $1.5 billion by FY25.
The management also foresees robust demand due to the Covid-19 and consequent global lockdowns.
Automation spendings are likely to accelerate going ahead on account of newer technologies such as software driven cars, digital revolutions, and cloudification.
The management has maintained its revenue guidance to 15%-17% for FY22.
L&T Technology's deal pipeline continues to be strong as compared to previous quarters and it signed six large deals with $10 million plus which includes two $25 million plus deals in Q1 FY22.
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