Coforge leads Morgan Stanley’s midcap IT picks. Here ’s why…

The brokerage firm, Morgan Stanley has weighed in on India’s midcap IT landscape, offering some highlights into the sector’s growth and stock preferences. According to the brokerage, the IT industry is entering a “transition phase” with revenue growth expected to moderate in the near term.

Among midcaps, Coforge emerges as a strong contender. The brokerage sees large deal wins and an expanding client base as key drivers for the company’s sustained growth.