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India’s IT giants grapple with weak growth despite resilient deal momentum

Infosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue growth in dollar terms. AI-driven sales are gaining traction, though still on a small base. Profitability varied across companies, with some margins contracting and others improving. Stock valuations reflect uncertainty over future growth prospects and market conditions.

Source :- Markets-Economic Times Read More

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