Bullish On TCS, Tech Mahindra, Infosys In Largecap IT Space: IDBI Capital
  • WebDesk BTVI
  • Jul 12 2019

Urmil Shah, Research Analyst, IDBI Capital, talks about his expectations from the IT space, expects revenue growth of 2.9% in constant currency terms, a decline of 125 bps in EBITA margin on the back of weak exit rate in Q4, and double-digit growth trajectory to continue for Infosys. Tech Mahindra and Infosys valuations remain attractive at the moment, he adds, further says the market is bullish on TCS, Tech Mahindra and Infosys in largecap IT space.