Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal
· rediff.com
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
Indian IT services companies are bracing for a challenging Q1 FY27, with Motilal Oswal forecasting a soft performance driven by macroeconomic pressures, the evo...