India’s HCL Technologies, Tech Mahindra Lift Veil on IT Industry Outlook

(Bloomberg) — Indian software leaders HCL Technologies Ltd. and Tech Mahindra Ltd. will offer a peek into the South Asian tech and software sector’s future when reporting earnings next week.

Quarterly sales across India’s computer services and IT firms are projected to have slid 0.6% sequentially, Jefferies analysts Akshat Agarwal and Ayush Bansal said in a note previewing the sector.

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