Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings
The Indian IT services sector has demonstrated improved performance in the June quarter (Q1FY25), signaling a revision in demand and stabilization of uncertainties in key global economies. While there is a faster recovery in AI use cases, ER&D, and other emerging technologies, discretionary spending remains cautious due to ongoing macroeconomic concerns, said brokerage house Axis … Read more