In the past one month, TCS, Infosys, Tech Mahindra, HCL Technologies, LTIMindtree, Persistent Systems and L&T Technology Services have rallied between 9 per cent and 15 per cent.
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Infosys, India's second largest IT services provider, launched its AI-first GCC model last month which accelerates the set up and transformation of GCCs into AI-powered hubs for innovation and growth
Tech companies are, typically, at an advantage when the Indian Rupee depreciates against the Dollar
Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.
Infosys' Rs 18,000-crore buyback drew bids for 826 million shares against 100 million on offer, with experts saying participation was driven by investors in lower tax brackets
Infosys' Rs 18,000-crore share buyback has drawn tendering of more than 500 million shares, five times the offer size, as investors evaluate entitlements, tax treatment
Analysts at Motilal Oswal expect an AI-driven turnaround in India's IT sector, with Infosys and HCL Tech positioned to benefit as enterprises shift from AI infrastructure to large-scale deployment.
Analysts attributed the up move to a pullback rally after sharp declines in past sessions. The index is currently 22.72% below its 52-week high of 46,088.90 and is down about 14.8% so far this year.
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For an investor in the lower tax slabs, it would be better to participate in the Infosys buyback as it would leave them with higher proceeds, analysts said
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IT services giant Infosys' largest-ever share buyback programme worth Rs 18,000 crore is set to open for subscription on Thursday, and will close on November 26, according to a regulatory filing. The company aims to buy back 10 crore fully paid-up equity shares of a face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital, at Rs 1,800 per share. "The eligible shareholders can tender their equity shares during the tendering period, i.e. from November 20, 2025, to November 26, 2025. "The Buyback is being undertaken by the company after taking into account the strategic and operational cash needs of the company in the medium term and for returning surplus funds to the shareholders in an effective and efficient manner in line with its capital allocation policy," Infosys said. The buyback is divided into two categories: reserved (small shareholders) and the general category. The reservation for small shareholders will be 15 per cent of the numb
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Infosys aims to help companies build AI-powered global capability centres through an end-to-end GCC model focused on innovation, scalable talent and operational readiness in an AI-first ecosystem
IT major Infosys on Monday introduced an AI-first model aimed at speeding up the establishment and transformation of global capability centres into AI-driven hubs that promote innovation and growth. The solution allows enterprises to redefine their Global Capability Centres (GCCs) as strategic assets that drive innovation, enhance agility, and create competitive advantages in an AI-driven world, the company said in a regulatory filing. "The AI-first GCC Model provides an end-to-end path from comprehensive setup support to scalable talent strategies and operational readiness, while enabling AI-led transformation with production-grade agents and a unified platform fabric. "Infosys' new GCC model brings together Infosys Agentic Foundry for building and scaling reliable production-grade AI agents, EdgeVerve AI Next as the unified platform to run applied and agentic AI at enterprise scale, and Infosys Topaz, to infuse AI-first services and solutions across the GCC lifecycle," the company
Infosys said that the new model includes end-to-end GCC setup management, AI-enabled operational improvements, talent development, and a range of other operating structures
Technical charts suggest that the IT index may gain another 5%, with heavyweights Infosys, TCS and HCL Technologies possibly rallying up to 17%. Wipro and Tech Mahindra, however, may see tepid trends.
Nuvama noted that IT services companies outperformed expectations in Q2, supported by stronger growth, margin expansion, and healthy deal wins
Shrikant Chouhan, head of equity research at Kotak Securities, remains upbeat on Cummins India and Infosys shares today. Check out the key reasons here