Indian IT Demand Seen Much Stronger: Hitesh Shah
  • Elizabeth George
  • Dec 27 2013

December 27: Hitesh Shah, Director - Research for IT Services and Telecom at IDFC, says 2014 will continue to be a good year for Indian IT as the demand momentum gathers pace. The rupee is seen supporting Indian IT services, with top 4 IT names seen getting 25-30% returns in 2014. He is bullish on the sector despite higher valuations and foresees earnings surprises from IT companies in 2014.