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Why shares of Infosys, TCS hit new highs after Accenture’s results

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Accenture Plc has announced its first quarter earnings for financial year 2021 (August ending) and they are not bad. What’s more, management commentary is reassuring too.

Large Indian IT firms tend to mirror Accenture’s performance with some lag.Post results, Accenture’s shares rose by about 7% in the US on Thursday.

The company has revised its revenue growth guidance for FY21 upwards to 4-6% from 2-5% indicated at the time of announcing Q4FY20 results.Also Read: In China, live-streaming influencers corner mutual funds distributionAs analysts from Jefferies India Pvt.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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