#SectorReport : Outstanding Credit Cards grew 23% year on year in May’22, spends grew 8% month on month.
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#SectorReport : Two interest rate hikes cycle over the last two decades – demand impact seen post 150bps hike.
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#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.
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#SectorReport : Indian Hotels : Improving business activity and better cost management led to strong financial performance.
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#SectorReport : Reduction in steel demand, increase in
production have resulted in sharp increase in exports for the month of May’22.
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#SectorReport : Analysis of the FY22 annual reports of TCS and INFO suggested continued multi-year Digital and Cloud transformation initiative.
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#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
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#SectorReport : 4QFY22 was a record quarter, with many developers reporting their best ever presales/collections. This led to a strong end to FY22.
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#SectorReport : Private multiline players outperform with 41% growth; SAHIs grow by 24%, while PSU multiline players lag with 8% growth.
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