← Back to feedRead original →
VERIFIEDET Stocks·negative
Jefferies is bearish TCS, Wipro, 6 other IT stocks ahead of Q2 results. How many do you own?
AI Summary
- ·Jefferies anticipates a modest growth outlook for IT companies in Q2 FY27, largely driven by acquisitions.
- ·Large IT firms, including TCS, Wipro, and HCL Tech, are predicted to experience only 0.5% QoQ growth and are rated as underperforming.
- ·Infosys maintains a steady hold rating with minimal upside, while mid-sized IT firms are expected to outperform larger ones.