Indian ER&D firms brace for a bumpy first quarter
Synopsis Among the listed players, Tata Elxsi is expected to report sequential revenue growth of 1.2% in constant currency, helped by demand from the healthcare
Synopsis Among the listed players, Tata Elxsi is expected to report sequential revenue growth of 1.2% in constant currency, helped by demand from the healthcare and media sectors, according to ICICI Securities and Motilal Oswal. Cyient is seen growing up to 1.5%, aided by semiconductor and aerospace traction, while Tata Technologies is expected to report about 1.1% growth.
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