Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr
Elara Capital expects Sagility to report revenue and earnings CAGRs of 13.9 per cent and 20.0 per cent, respectively, in INR terms over FY26E-FY28E
Nomura has initiated coverage on Sagility with a 'Buy' rating and target price of ₹55, implying 40 per cent upside from current levels
On the Nifty Midcap 100, Hindustan Petroleum stock was the top loser, down 4.35 per cent at ₹334.35 per cent
The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.
Sagility's profit after tax (PAT) grew 23 per cent year-on-year to ₹322.9 crore in Q3FY26 compared to ₹262.6 crore in the year-ago period
RVNL, Jupiter Wagons, KEC International, JSW Infra, GE Vernova, HBL Engineering, KSB, Lloyd Metals and Sagility are seen trading above the Supertrend indicator in Monday's intra-day trade, show charts
The US remains the world's most lucrative outsourcing market, with healthcare spending touching nearly $5 trillion in CY24, accounting for 17-18 per cent of GDP.