Two IT stocks that currently offer the best risk-reward, as per Jefferies
According to Jefferies, while the growth outlook for Indian IT remains uncertain, with stocks pricing in two to four percentage points lower growth versus history, any lack of disappointment in growth expectations and worsening of sentiments on the global AI capex could drive the re-rating in PE multiples for these companies.
According to Jefferies, while the growth outlook for Indian IT remains uncertain, with stocks pricing in two to four percentage points lower growth versus history, any lack of disappointment in growth expectations and worsening of sentiments on the global AI capex could drive the re-rating in PE multiples for these companies.
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