HCL Tech among Motilal Oswal’s top 4 large and midcap IT picks amid Q1 results
Indian IT’s Stop-Start Recovery
Dometic brokerage firm Motilal Oswal views the first quarter of FY26 as a better-than-expected one for IT services, despite geopolitical tensions and tariff uncertainty. There was some uncertainty around major deal signings and client deferrals, but these risks have largely been avoided. The first quarter’s numbers are expected to reflect mixed performance, with large-caps potentially seeing little to no growth, while midcaps show resilience.
