Harsha Jethmalani

Amid lingering risks of AI deflation and a weak demand scenario for IT companies, it would be challenging to give a push to Nagarro's revenue growth profile.

Persistent Systems' share price fell 10% to a 52-week low after the IT company announced the acquisition of Munich-based Naggaro SE—its largest ever at an enterprise valuation of €1.27 billion.

Moderating crude prices, if sustained, is a relief for overall inflation and even for manufacturers. However, slow progress of the southwest monsoon could emerge as a demand headwind

Room air-conditioner sales surged 40% in Q1FY27 on heatwaves and a delayed monsoon, with Voltas crossing 1 million units in record time.

Launch of new models and plug-ins by OpenAI and Anthropic has fueled structural growth concerns for the IT sector and challenged the sustainability of traditional IT business models.

Sobha's Q1FY27 bookings hit a record ₹ 3,656 crore, up over 70% sequentially and year-on-year, driven by strong response to its Hoskote luxury launch.

Price hikes augur well for the June-quarter revenue growth. Decorative paint companies have implemented staggered 14-16% price hikes so far

From its 52-week high of ₹ 3,425 seen on 9 July last year, the TCS stock is down 40% as meaningful growth triggers remain elusive.

So far in 2026, HCL shares are down 27%. It trades at FY28 PE multiple of 15 – a premium to larger peers TCS and Infosys, shows Bloomberg data. HCL's narrowing growth differential, coupled with data-centre investment risk, makes the risk-reward unattractive, said a Nuvama Research report.

L&T Technology's valuation is a steep premium to tier-1 IT companies and leaves no room for disappointment on earnings growth.