Are mid-caps IT stocks better placed than large? 4 stocks operating niche upside up to 26 %

Are mid-caps IT stocks better placed than large? 4 stocks operating niche upside up to 26 %

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Zensar Technologies Limited is a digital solutions and technology services company. It is engaged in providing a range of information technology (IT) services and solutions.

Synopsis

It is close to two years that as a sector IT stocks has been getting all the negative reviews from analysts. In this painting all with the same brush, some of the mid-cap stocks where the business is not just servicing a big client but operating in a niche area have also got ignored. However, now a divergence is appearing. While Infy might have cracked after its Q2 result, some mid-cap and small cap witnessed a sharp rise post their result. It is probably a time to take a look at each company separately rather than just looking at what stocks like TCS and Infy are doing and take a call on the overall sector.

After witnessing correction in their valuations, some of the mid-cap software stocks are making a comeback. In a number of cases, their Q2 results have been better than expected leading to a positive price reaction on the street. Also some of these stocks have seen an upgrade by analysts. One of the reasons why analysts are bullish is that while there is perception which may be correct to some extent, that overall growth might have slowed. But

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7 mins read, Last Updated:

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