Samir Arora: IT Sector Recovery On Track, Expect 12-15% Growth

Samir Arora, Founder of Helios Capital, shared his insights on the IT sector and explained why he has recently re-entered the Sector. After having made the IT sector a zero position in June 2022, Arora revealed that about two to three months ago, during the budget and election period, he decided to invest in IT again. He emphasized that while the sector is not experiencing "great growth," the worst of the bad news seems to be over. According to Arora, the IT sector now offers a relatively safe investment opportunity, with expectations of modest growth and fewer negative surprises. Arora anticipates moderate growth of around 12-15% in INR terms, with investors likely to react positively to the improving outlook.