The outlook is not uniformly bearish. Kotak Securities and Emkay retain 'Add' ratings, Motilal Oswal maintains 'Buy', and JPMorgan remains 'Overweight'. UBS, meanwhile, sees healthy AI revenue growth and an uptick in hiring as encouraging signs for the IT services sector.
The outlook is not uniformly bearish. Kotak Securities and Emkay retain 'Add' ratings, Motilal Oswal maintains 'Buy', and JPMorgan remains 'Overweight'. UBS, meanwhile, sees healthy AI revenue growth and an uptick in hiring as encouraging signs for the IT services sector.
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