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Business Standard

IT sector may be ripe for cherry picking; analysts more positive on Infosys

Investors though should be selective; analysts more positive on Infosys and Persistent Systems

Topics
IT sector | Infosys  | Infosys stock

Devangshu Datta 



it services
The IT services industry is expected to see a combination of revenue growth weakness, with slightly improved EBITDA margins compensating for the expectation of lower growth

The (IT) services industry could see value investors taking selective punts in the near future. While growth remains visible, managements across the board have been cautious or measured in their guidance and have also complained about a combination of margin pressures and high churn.

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First Published: Mon, December 05 2022. 21:07 IST

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