It Midcaps

After a 2,261% rally, this midcap stock is seen testing key 10-year support

Honeywell Automation stock is seen testing its monthly super trend line for the first time since 2014. At present levels the stock has shed one-third of its valuation from its peak.

IT company Mphasis's Q2 net profit rises 8% Y-o-Y, deal value falls

Company says most of its contracts are now for work in artificial intelligence

IT Midcaps Q2: Skill shortage and client woes dragged digital growth

But strong demand environment keeps up hiring

IT midcaps' focus on sales reaps dividend; L&T Infotech posts 30% growth

L&T Infotech (LTI), which reported 30 per cent growth in revenues on year-on-year basis, added four large clients in the quarter in the $5-20 million range

Mid-caps in IT service sector show strong growth in digital business in Q4

The likes of Persistent, Zensar and Larsen & Toubro Infotech (LTI) saw digital deals bringing in maximum momentum

Over dependence on top clients by Indian IT midcaps worries analysts

Midcap IT companies, in the past, have suffered due to changes in client requirements, and hence analysts have been exercising caution