For instance, Hindustan Unilever Ltd is likely to report a 10 per cent underlying volume growth. iStockThe forecast given by domestic IT services companies for 2019 amid concerns of a slowdown in the US will be keenly watched when the results season kicks off this week. Analysts at Reliance Securities here added that they would watch out for the the 2019 IT budget outlook, outliers for 2019-20 revenue growth in the form of BFSI and retail growth and digital growth and deal flows. For instance, Hindustan Unilever Ltd is likely to report a 10 per cent underlying volume growth. The Sunil Mittal-led firm is likely to report lower wireless (India) revenues with average revenue per user continuing to decline.
Source: The Telegraph January 06, 2019 19:52 UTC