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Infosys, Tech Mahindra, Mphasis Among Anand Rathi's Top Picks Amid The IT Sector's 'Double Whammy'
Despite the near-term challenges, Anand Rathi remains positive on select names and among large caps, it has identified Infosys, LTI Mindtree and Tech Mahindra as its preferred picks.
Stock Alert: Mphasis, RailTel Corp, Ramco Systems, Texmaco Rail, Aster DM Healthcare
RailTel Corporation has secured a Rs 16.20 crore contract from the Haryana State Electronics Development Corporation for the management of the Haryana State Wide Area Network (HSWAN).
Dividend stocks: Mphasis, Titan, Nestle, 41 others go ex-date next week
Dividend stocks: Here is the complete list of stocks that will remain in focus next week on account of their dividend announcements
IT stocks may not have bottomed yet; prefer Coforge, Mphasis: Motilal Oswal Financial
Abhishek Pathak, VP – Institutional Research Analyst, Tech & IT at Motilal Oswal Financial Services, expects Infosys and HCLTech to lower the upper end of their FY27 guidance, remains cautious on KPIT Technologies following its profit warning, and warns that the IT sector could see further valuation cuts. However, he continues to favour selective mid-cap bets such as Coforge, Mphasis and, potentially, Persistent Systems.
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?
IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump, while Infosys, Mphasis, HCL Tech and Persistent Systems rose around 4%. The recovery lifted sentiment after the sector had shed nearly 7% over the previous four trading sessions.
Double Trouble For IT Stocks: 24% Target Cuts, Weak Growth Seen Ahead. But One Stock Bucks The Trend
Across brokerages, Coforge and Mphasis remain among the preferred picks, while weak demand, AI-led investments, wage hikes and margin pressures continue to weigh on the broader sector outlook.
Infosys, Tech Mahindra, TCS Under Pressure: IT Stocks Crash To Three-Year Low After Accenture Sell-Off
Major Indian IT stocks are crashing.Infosys Ltd. is trading at a low of Rs 1,033.9, down 8.3%. Mphasis Ltd. touched Rs 2,150, declining 7.99%, while Tech Mahindra Ltd. fell to Rs 1,344, down 7.16%.
Mphasis Ltd spurts 2.84%
Mphasis Ltd is quoting at Rs 2376.2, up 2.84% on the day as on 12:49 IST on the NSE. The stock is down 5.01% in last one year as compared to a 4.55% drop in NIFTY and a 15.51% drop in the Nifty IT index.
Buy, Sell Or Hold: Kaynes Tech, Mphasis, Canara Bank, Techno Electric, Swiggy, Jagran Prakashan — Ask Profit
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Mphasis to Glenmark - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment
The Indian stock market is set to open lower, with the Gift Nifty at 23,882, down 97 points. Benchmark indices fell on profit-taking and rising crude oil prices, leading to cautious sentiment. Nifty 50 faces immediate hurdles at 24,100 and support at 23,800.
JM Fin sees mid-tier IT outperforming largecaps; Mphasis among top picks
Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.