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Demeter Advisors’ Ashwini Agarwal Bets On Financial Services Sector, Flags Valuation Concerns For IT
IT companies will use AI for basic-level coding and testing services, which according to Ashwini Agarwal, will help grow revenues but make job creation challenging.
31 Mar 2025, 10:56 AM IST 
IT companies will use AI for basic-level coding and testing services, which will help grow revenues. (Photo source: Envato)
The current valuations of IT stocks are already high, and job creation in the sector will be difficult with the advent of AI, according to Ashwini Agarwal, founder of Demeter Advisors.IT companies will use AI for basic-level coding and testing services, which will help grow revenues but make job creation challenging, he told NDTV Profit.“I am a little bit worried about IT because valuations are not that cheap in the historical contex...
