IT Midcaps

Nomura, which termed Coforge its "top pick in the mid-cap India IT services sector," said the company is banking on a solution-led sales strategy to maintain its growth trajectory.

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.

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

But strong demand environment keeps up hiring

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

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

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