BNP Paribas predicts muted IT earnings for largecaps
after close1 source ↓machine-written, see hownot a recommendation
India's IT services sector is set for another muted quarter, with largecap firms expected to report less than 1% organic sequential revenue growth. BNP Paribas anticipates guidance resets from Infosys and HCLTech, while Tech Mahindra is projected to outperform its peers. This outlook may influence trading sentiment in the IT sector.
• Largecap firms to revise FY2027 outlook
• Infosys and HCLTech likely to lower growth guidance
• Tech Mahindra expected to outperform
Immediate market implications could arise from these adjustments.
Not investment advice. For informational purposes only.