Order Inflows News Today

For now, there is some comfort in the sectors near-term revenue visibility, and companies with diversified presence across sectors are expected to benefit

Accenture’s revenue growth decelerated despite steady order inflows

"The global market for power T&D equipment is expected to reach $378.7 billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-30. Currently, Skipper exports to more than 65+ countries and engages with 200+ EPC players globally. The robust order book provides a substantial revenue visibility for the next 3-4 years, indicating a strong and stable foundation for sustained growth."

The company received orders worth Rs 18,298 crore so far in FY24 against its annual guidance of Rs 20,000 crore

Infosys, TCS, HCL have won several large projects in Q2 with total revenue potential of more than $1 billion

Plus, the company’s strategy of becoming a diversified engineering company by expanding presence into other sectors such as railways and defence, is a long-term positive

Even as global enterprises develop technology capabilities, Indian IT vendors continue to find enough opportunities in the market

Larsen & Toubro Limited Q1 FY24 Results Conference Call July 25, 2023 MANAGEMENT: MR. P. RAMAKRISHNAN - HEAD OF...

The infrastructure behemoth fared well on most of the key parameters in the June quarter (Q1FY24). Further, the share buyback and special dividend announcement has also got them excited.

Thanks to a healthy dosage of large deals, the managed services market hit a new high of $10 billion in the June quarter