Company updateFinancial Express
Kotak backs mid-tier IT challengers over TCS, Infy
Positive+20
GreyOak summary
Kotak Institutional Equities rated mid-tier IT firms like Persistent, Coforge, and Tech Mahindra as 'Buy' due to stronger revenue growth compared to incumbents. The brokerage expects Persistent to lead with 19.9% organic growth in FY27, citing market-share gains over valuation plays amidst US tech volatility.
What it affects
- Tech MahindraTECHMPositive +20
Rated Buy with 6% FY27 growth expected.Rolling sentiment Positive +25
Source
Read the original at Financial ExpressMore Tech Mahindra news
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