Among large caps, the brokerage prefers Infosys and Tech Mahindra, while Mphasis, Zensar, KPIT and eClerx remain its top midcap picks. (Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Infosys Ltd. and Tech Mahindra Ltd. are among the six major large-cap Indian information technology majors who are likely to post modest sequential growth in the quarter ended September, according to Equirus Securities.
The uptick in revenue will come amid cautious demand and an uncertain global macroeconomy, the financial services firm said in its report. The growth will be supported by currency tailwinds and cost optimisation, it added.
Among large caps, the brokerage prefers Infosys and Tech Mahindra, while Mphasis, Zensar, KPIT and eClerx remain its top midcap