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Motilal Oswal expects flat sales in the second quarter due to macro impacts and continued weakness in the Communications, Manufacturing and Energy & Utilities sectors.
Margins on IT services are expected to remain stable, with progress being made in offsizing low-margin businesses and low-potential accounts.
Demand is expected to improve in the US, especially in BFS, with significant activity in Capco. Healthcare is also gaining momentum in the payer, provider and life sciences sectors.
Key points to watch include commentary on the consulting industry’s recovery and strategic initiatives from the new management.
(Disclaimer: Recommendations, suggestions, views and opinions expressed by experts are their own. These do not represent the views of The Economic Times)