HCL Tech to Tech Mahindra: Axis Securities’ top conviction ideas in tech sector with up to 69% upside potential
Axis Securities identified four IT services stocks as its ‘Top Conviction Ideas’ with a ‘Buy’ rating for February 2026. This came after the IT stocks saw a massive rout globally.
The brokerage said that the IT services industry is experiencing an improving growth trajectory with “green shoots” becoming visible, despite a demand environment impacted by seasonal weakness and new labour law codes.
