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TCS, Mphasis — Top Stock Picks By ICICI Securities Ahead Of IT Q1 Results

IT Q1 Results Preview: ICICI Securities downgrades LTIMindtree to Reduce on recent stock run-up; and downgrades Tata Elxsi to Sell

<div class="paragraphs"><p>ICICI Securities expects margins to remain rangebound with ~-50 bps to +50 bps QoQ movement across its coverage universe.</p><p>(Photo source: Matus Kameniar/ Unsplash)</p></div>
ICICI Securities expects margins to remain rangebound with ~-50 bps to +50 bps QoQ movement across its coverage universe.

(Photo source: Matus Kameniar/ Unsplash)

ICICI Securities prefer TCS and Mphasis – their valuations being comfortable, supported by healthy fundamentals. The brokerage also prefers Sagility and IKS Health in Healthtech space and LatentView in data analytics.
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