GK and monthly revision

Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and others

Nomura has projected that Indian IT firms will experience 'anaemic' growth in FY27 due to macroeconomic uncertainties and reduced technology spending, particularly ahead of Q1 earnings. This trend highlights the challenges faced by the sector in the short term. However, the report also suggests that long-term growth opportunities may arise from AI-driven transformations, as companies increasingly depend on IT firms for hybrid workflows, emphasizing the sector's evolving role in the economy.