Indian IT firms are seeing steady new deals and operating margins. However, revenue growth is slowing down quarter-on-quarter because projects are delayed. Artificial intelligence also poses a risk to future earnings. Companies like Infosys and HCLTech have given cautious growth forecasts for the upcoming financial year. IT stocks may face pressure in the short term.
Midcap bets! InCred picks 6 stocks with up to 54% upside potential. See full list
InCred Equities has identified six midcap stocks across sectors with upside potential of up to 54%, citing attractive valuations and selective opportunities despite volatile markets,