The surge in large deals for Wipro and Infosys signals a potential recovery in the IT consulting sector. Wipro's CEO sees strong deal momentum and early signs of growth.
The strong performance of Wipro and Infosys, marked by a significant increase in large deals, suggests a potential recovery in the IT consulting sector. The companies' ability to exceed earnings expectations has fueled optimism for future growth.
Analyst Ankur Rudra asserts Infosys's high digital exposure primes it to profit when demand cycles pivot. He suggests GenAI will enhance productivity for IT firms, cutting coding time by up to 50%, and that reinvestment in new projects due to productivity boosts could neutralize GenAI's deflationary effect.
印孚瑟斯股票讨论区
DBS: Infosys Ltd – Buy Target Price US$20.60 - Alpha Edge Investing
$印孚瑟斯(INFY.US)$
DBS: Infosys Ltd – Buy Target price USD19.50 - Alpha Edge Investing
$印孚瑟斯(INFY.US)$
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