Apurva Prasad, V-P, Institutional Research, HDFC Securities, states “one must take a look at the Accenture assistance in the context of what has actually currently been assisted by Indian IT business. If you take a look at the deceleration of the sector from ’23 to ’24, which is 12-13% going to a little listed below mid-single digit, that is getting partly shown in Accenture’s very first assistance that they have actually provided for their financial. If you divided the consulting and the handled services piece of the organization, a lot of this is to do with the decrease in the consulting company of Accenture which is half their organization.” What is your take on Accenture numbers? Are they truly as bad as the stock response was with the 5% cut? It is definitely soft and it discusses the threat of a prolonged duration of softish development. One ought to look at the assistance in the context of what has actually currently been assisted by Indian IT business. If you take a look at the deceleration of the sector from ’23 to ’24, which is 12-13% going to a little listed below mid-single digit, that is getting partly shown in Accenture’s very first assistance that they have actually provided for their financial. Open Leadership Excellence with a Range of CXO CoursesOffering CollegeCourseWebsiteIndian School of Bus
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