JPMorgan maintains negative view on Indian IT services due to weak growth prospects

  • JP Morgan places TCS, Infosys, and Mphasis on the negative catalyst watch list.
  • Concerns over projects’ chances of restarting and low signs of demand recovery in the next 6-9 months.
  • Earnings cuts expected for the mentioned companies in Q1FY24.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications