IT sector stabilising; Motilal Oswal sees 16–33% upside in HCL Tech, Coforge

IT sector stabilising; Motilal Oswal sees 16–33% upside in HCL Tech, Coforge

The Indian IT services industry delivered a steady performance in the September 2025 quarter, with nearly half of the leading players exceeding revenue forecasts and a majority meeting or surpassing margin expectations. While discretionary technology spending remains subdued, operational resilience and improving deal execution suggest that the sector may be approaching the trough of its … Read more