Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Earnings

IT sector Q1FY20 preview: Analysts expect margins to remain under pressure

Updated : July 09, 2019 11:22 AM IST

Tier-I companies such as TCS, Infosys, Tech Mahindra will drive growth in the sector, analysts said.
Meanwhile, midcap IT companies shall be under pressure heading into the quarter.
Weakness in margins will remain on the back of wage hikes, high attrition, visa costs, and a strong rupee.
IT sector Q1FY20 preview: Analysts expect margins to remain under pressure
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