Tech cos' Q2FY25 results ahead of estimates. Infosys, Coforge among 9 brokerage buys
Indian technology companies exceeded Q2 earnings forecasts, but their future guidance remained cautious. While some brokerages observed a potential bottoming out of pessimism, clear signs of increased spending in developed countries are still pending. Infosys, TCS, and HCL Tech are among the top picks for many brokerages.