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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.
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