IT stocks may see limited valuation gains without growth recovery: Jefferies

Indian IT stocks could see further gains in valuations if revenue growth expectations remain stable and concerns over global artificial intelligence (AI) spending do not increase, according to a report by brokerage firm Jefferies.

Oct 21, 2026 - 12:00
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IT stocks may see limited valuation gains without growth recovery: Jefferies
Indian IT stocks could see further gains in valuations if revenue growth expectations remain stable and concerns over global artificial intelligence (AI) spending do not increase, according to a report by brokerage firm Jefferies.

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