FinanceET Techabout 2 hours ago
Indian IT Stocks Fall on Earnings Worries
3 min read
Legacy IT stocks in India decline nearly 2% in November as earnings concerns weigh on valuations, despite a sectoral churn. Mid-tier players show 5.4% revenue growth versus 1.1% for tier-1 firms. Kotak expects margins to stay stable while Infosys lowers FY27 guidance to 1.5-2.5%.
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