Indian IT stocks: CLSA says AI fears overdone, but cuts target prices amid valuation de-rating; picks top bets
CLSA said fears of AI-led disruption in Indian IT services appear overdone, with channel checks indicating no material shift in business positioning and management commentary pointing to a potential macro recovery in CY26. The brokerage struck a measured tone on the sector, maintaining selective st…
CLSA said fears of AI-led disruption in Indian IT services appear overdone, with channel checks indicating no material shift in business positioning and management commentary pointing to a potential macro recovery in CY26. The brokerage struck a measured tone on the sector, maintaining selective st…
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