Foreign investors are returning to Indian IT stocks, driven by the rising adoption of artificial intelligence and improved business visibility. Companies such as TCS, Infosys and HCL Tech are seeing strong AI-led growth, reviving sector sentiment despite near-term earnings pressure and uneven performance across firms.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs