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Broker call▼ Bearish for TCS
Jefferies is bearish TCS, Wipro, 6 other IT stocks ahead of Q2 results. How many do you own?
The brief
- Jefferies expects modest Q2 FY27 IT growth, primarily fueled by acquisitions
- Large IT firms are predicted to struggle
- A subdued growth outlook weighs on Indian IT services companies including TCS, Wipro and Infosys