Q2FY20 :
Price when result was announced : 243
- Constant currency growth came at 3.8% that is consecutive five quarter low.
- USA sales contribute 59.6% of total sales that is highest ever for the company.
- BFSI segment has been stable within range of 31.3% - 31.6% since last four quarters.
- Total active clients have reached at 1027 that is lowest number and it is important to get reversed.
- Attrition Rate is at 17% that is lowest since Q4FY2018.
- Balance Sheet is strong with good cash position even after completing big buyback and receivables are stable.
Recommendation : HOLD
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