Accenture’s healthy order-wins underpin optimism in IT stocks

Accenture Plc’s latest results strengthen the street’s expectations of a recovery in the IT sector. The global IT major reported a 1% fall in constant current revenues in the quarter ended August. However, outsourcing, where Indian IT has greater presence, held up, with revenues growing 7% from the year-ago. In …

Read moreAccenture’s healthy order-wins underpin optimism in IT stocks