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Analysts forecast moderate growth

6 Jan 2015 12:00 AM | Anonymous

According to The Times of India, analysts are forecasting moderate growth by IT players for the quarter ended December 2014.

Edelweiss (brokerage firm) forecasts growth of 0.8-1.5% for the top four IT players in the December quarter.

Tech Mahindra is their top pick with a 2% growth forecast followed by Infosys and HCL Technologies (HCL Tech) with around 1.5% growth and Tata Consultancy Services (TCS) posting 1% growth and Wipro likely to clock a 0.8% growth.

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