Edlex Investments

#SectorReport : Outstanding Credit Cards grew 23% year on year in May’22, spends grew 8% month on month. Read more: http://ow.ly/AJYE50JLj7FDisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : Two interest rate hikes cycle over the last two decades – demand impact seen post 150bps hike. Read more: http://ow.ly/QiRi50JKmRODisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : Accenture witnessed extraordinary growth due to increasing Digital transformation. It reported a better than expected 3QFY22, with revenue growing 27% year on year in constant currency (CC) terms. Read more: http://ow.ly/zSx050JJgmoDisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : Indian Hotels : Improving business activity and better cost management led to strong financial performance. Read more: http://ow.ly/9C1u50JGlqzDisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : Reduction in steel demand, increase in production have resulted in sharp increase in exports for the month of May’22. Read more: http://ow.ly/8Pkm50JFncHDisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : Analysis of the FY22 annual reports of TCS and INFO suggested continued multi-year Digital and Cloud transformation initiative. Read more: http://ow.ly/WVA950JEoumDisclaimer: http://ow.ly/yp7y50JCeGn #SectorReport

#SectorReport : RJio’s gross/active subscriber base saw modest additions of 1.7m/-0.1m MoM. It continued to gain active market share, up 30bp to 37.4%, thus maintaining its leadership position Read more: http://ow.ly/br8g50JCeGpDisclaimer: http://ow.ly/4HSo50JCeGq #SectorReport

#SectorReport : 4QFY22 was a record quarter, with many developers reporting their best ever presales/collections. This led to a strong end to FY22. Read more: http://ow.ly/nGYs50JBjvbDisclaimer: http://ow.ly/4wCq50JBgv8 #SectorReport

#SectorReport : Private multiline players outperform with 41% growth; SAHIs grow by 24%, while PSU multiline players lag with 8% growth. Read more: http://ow.ly/qIMs50JBgv9Disclaimer: http://ow.ly/brhH50JBgv7 #SectorReport