TCS, Infosys, LTIMindtree, Happiest Minds Among Anand Rathi's Top Stock Picks In IT Sector; Q1 Results Preview

Cross currency tailwinds to drive strong dollar revenue growth in non-US, Continental Europe and UK focused IT plays, such as TCS, Tech Mahindra, Mastek, KPIT,. Median US$ growth tailwinds in Top six and Midcap IT being ~200 bps and ~120bps respectively..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.Within Top-six IT names, Infosys and LTIMindtree are expected to show ~70 bps and ~130 bps sequential cc revenue growth, with cc-degrowth in the others. HCLTech to show seasonal de-growth of ~60bp, while TCS may witness ~2% cc sequential decline on the back of tapering of the BSNL account Within midcap IT names, Persistent and Latent View are expected to report strong sequential cc growth of ~3.5% and ~3% respectively, driven by growth in their BFSI and Hi-tech verticals followed by First Source and Happiest Minds with ~2.3% and ~2% cc growth.L&T Technology Services and KPIT are expected to witness (2.6)% and (3.5)% sequential cc decline, on the back of European OEMs facing stiff competition from Chinese OEMs, constraining their EV transition and R&D spend propensity coupled with tariff related uncertainty. Moreover, SWC seasonality to also weigh on L&T Tech growth in Q1 FY26.Birlasoft expected to show ~(1.5)% cc-degrowth, with lower margins driven by operating deleverage, given exposure to manufacturing (~60% directly and indirectly, including med-tech dominated healthcare segment) & non-recurring discretionary spend..Click on the attachment to read the full report:.HDFC AMC, Poonawalla Fincorp — DRChoksey's Top Stock Picks In Financial Services Space; Q1 Results Preview.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

TCS, Infosys, LTIMindtree, Happiest Minds Among Anand Rathi's Top Stock Picks In IT Sector; Q1 Results Preview

IT Q1 Results Preview: Within midcap IT names, Persistent and Latent View are expected to report strong sequential cc growth followed by First Source and Happiest Minds

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TCS, Infosys, LTIMindtree, Happiest Minds Among Anand Rathi's Top Stock Picks In IT Sector; Q1 Results Preview

IT Q1 Results Preview: Within midcap IT names, Persistent and Latent View are expected to report strong sequential cc growth followed by First Source and Happiest Minds

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