
India’s I.T. stocks are gaining momentum, but does the sector still offer value after a sharp recovery? Sharad Avasthi, Head of Research (PCG), SMIFS, shares his outlook on frontline names such as Infosys, TCS, Wipro and Tech Mahindra, alongside mid-cap players like KPIT Technologies, Tata Elxsi, Coforge and Cyient. While near-term earnings improvements may already be priced in, subdued expectations and healthy future guidance could support further re-rating over the next two to three quarters. The outlook remains positive despite possible short-term profit booking. Explore the key opportunities, valuations and growth triggers shaping the next phase of the I.T. stock rally.