Brokerages cautious on IT sector after Accenture Q2 results
after close1 source ↓written by the desknot a recommendation
- in constant currency
- 4% YoY growth
- revenue guidance
- 3-5%
Accenture's Q2FY26 results revealed revenue of USD 18 billion, a 4% YoY growth in constant currency. Despite raising FY26 revenue guidance to 3-5%, brokerages like Motilal Oswal remain cautious on Indian IT stocks due to ongoing geopolitical uncertainties. Client spending trends for 2026 are expected to stay stable compared to 2025.
Not investment advice. For informational purposes only.