Wednesday, 5 July, 2023

Brokerages Predict Muted First Quarter for IT Companies

According to brokerages, the first quarter of the financial year is expected to be challenging for IT companies. Factors such as the impact of the pandemic and global economic uncertainties are likely to result in a subdued performance for the sector. Brokerage firms have lowered their growth projections for IT companies due to these challenges. However, as the industry navigates through these headwinds, it remains to be seen how IT companies adapt and innovate to maintain their resilience.