BusinessKotak Predicts Muted Q2 FY27 for Indian IT Giants
Kotak Institutional Equities forecasts a muted second quarter for major Indian IT companies like TCS, Infosys, HCL Tech, and Tech Mahindra. The brokerage notes that demand conditions have remained stable without improvement or decline since the June 2026 quarter, leading to expectations of subdued performance in Q2 FY27.
Mint Markets·3h ago