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ResultsMint

Mphasis, Coforge shine in strong Q2 for IT midcaps

Positive+20Company event

GreyOak summary

Mphasis and Coforge reported strong second-quarter results for India's mid-sized tech services companies. These companies performed well despite an uncertain demand environment and cautious client spending.

What it affects

  • MphasiSMPHASISPositive +20

    Capped a strong second quarter outing.Rolling sentiment Positive +47

  • CoforgeCOFORGEPositive +18

    Rolling sentiment Positive +34

  • Information TechnologyPositive +14

    Midcaps showed strong performance.Rolling sentiment Neutral +3

Source

Read the original at Mint

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