Mid-cap It Stocks

Nifty IT index surges nearly 3%; Coforge, Persistent zoom 12% on strong Q2

Analysts anticipate growth momentum to return in FY25 for IT sector, aided by a lower base coupled with easing sectoral headwinds.

Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks

A combined 2.42 million equity shares, representing 1.73 per cent of the total equity of the company, had changed hands on the NSE and BSE till 11:21 AM.

Information technology stocks suffer biggest one-day fall in six weeks

Fed rate cuts, Accenture promotion delay sour mood

Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks

Nifty IT up 1.77 per cent intraday after US Fed signals rate cut in September. HSBC believes mid-tier IT is not so strong.

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

Infy, Coforge: Breakout in IT index may assist stocks to soar up to 10%

While index requires to scale major hurdles, the aggressive rally towards those has triggered positive upside in IT stocks.

Cyient surges 9%, nears 52-week high on healthy business outlook

Thus far in the calendar year 2023 (CY23), the stock price of Cyient has zoomed 74 per cent, as against 2.5 per cent rise in the S&P BSE Sensex.

Use corrections in IT sector as buying opportunities, say experts

Stellar long-term track record, growing digitalisation augur well for IT sector funds

Are IT stocks a good contrarian bet from a one-year perspective?

Despite the ongoing selloff and the global macroeconomic stress, analysts say that the IT sector still remains a preferred bet from a long-term perspective

Coforge, Mindtree: Tech charts show short-term rebound in mid-cap IT stocks

Select mid-cap IT stocks may surge up to 10 per cent on short-term rebound

Beating high expectations critical for further gains in midcap IT stocks

While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms

From Mindtree to Tech Mahindra, IT tops sectoral charts in August

Mindtree is the top performer among IT firms for the month with returns of 27.2 per cent, followed by Nelco and Tech Mahindra

From L&T Infotech to Tata Elxsi, mid-cap IT stocks lagging large-cap peers

Their m-cap is up 5% this month, against 11% rise in large-cap IT stocks

Mid-cap IT companies' June quarter performance all about niche play

Unlike the top four or five IT players, when it comes to the mid-cap IT services players, every company has a different strategy and focus segments

Mid-cap information technology players may have hit valuation ceiling

Sharp premium over larger peers and ability to maintain margins can cap gains

Chart check: Nifty IT index could double in one year. Stay put

The Nifty IT index has managed to conquer the resistance of 27,500 which suggests a further upside towards 28,200 and 28,500 levels

Dixon Tech, Sonata Software, Redington: Time to bet on these midcap stocks

These five stocks are likely to gain ground in the days ahead, provided the overall market sentiment stays strong.

Analysts bullish on mid-cap IT stocks as valuations turn attractive

They also remain optimistic on the road ahead for the IT sector given the sharp fall in rupee's value against the US dollar.

L&T Infotech, Cyient: Are mid-tier IT companies a good bet post Q1 numbers?

Going by the analysts' view, the IT sector, as a whole, faces four major challenges.