{"id":994985,"date":"2026-02-26T08:26:04","date_gmt":"2026-02-26T02:56:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=994985"},"modified":"2026-02-26T11:50:05","modified_gmt":"2026-02-26T06:20:05","slug":"it-sector-valuation-supportive-but-stance-remains-cautious-pl-capital","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/26\/it-sector-valuation-supportive-but-stance-remains-cautious-pl-capital\/","title":{"rendered":"IT sector valuation supportive, but stance remains cautious: PL Capital"},"content":{"rendered":"<p>While valuations of information technology stocks are currently supportive, the stance on the sector remains cautious due to the uncertainty about the impact of artificial intelligence, said Amnish Aggarwal, co-head of institutional equities at PL Capital. The broking firm has an \u2018underweight\u2019 on IT companies, along with cement, metal, oil and gas sectors. <\/p>\n<p>\u201cAlthough large (IT) players will be survivors, intermittent period will be volatile with uncertainty on growth and margins,\u201d as per the broking firm\u2019s India strategy report. However, the India-European Union (EU) free trade deal will give much easier access to EU which has seen faster growth with increase in share of service exports from 20% to 25% over the past five years and further increase in coming years, as per the strategy report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While valuations of information technology stocks are currently supportive, the stance on the sector remains cautious due to the uncertainty about the impact of artificial intelligence, said Amnish Aggarwal, co-head of institutional equities at PL Capital. The broking firm has an \u2018underweight\u2019 on IT companies, along with cement, metal, oil and gas sectors. \u201cAlthough large (IT) players will be survivors, intermittent period will be volatile with uncertainty on growth and margins,\u201d as per the broking firm\u2019s India strategy report. However, the India-European Union (EU) free trade deal will give much easier access to EU which has seen faster growth with [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-994985","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=994985"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994985\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=994985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=994985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=994985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}