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Page 2 - Mphasis Ltd News

AI fears overdone? Emkay turns 'Overweight' on IT, adds Infosys, HCL Tech

Emkay Global has turned 'Overweight' on Indian IT sector after Nifty IT fell 21 per cent in February 2026. It sees a 3-year return potential of up to 25 per cent with limited downside.

AI fears overdone? Emkay turns 'Overweight' on IT, adds Infosys, HCL Tech
Updated On : 26 Feb 2026 | 8:54 AM IST

HDFC Sec trims target price on Mphasis, stays cautious amid AI disruption

Analysts noted that AI-led deflationary pressure is becoming visible in Mphasis' contract renewals, with discounts nearly doubling from 10 per cent to approximately 20 per cent

HDFC Sec trims target price on Mphasis, stays cautious amid AI disruption
Updated On : 26 Feb 2026 | 8:40 AM IST