IT Stock

HCL Technologies, last month, announced that along with the Q3 results announcement, its board will also consider the payment for the fourth interim dividend for the financial year 2025-26.

Ahead of the results, TCS shares were down 0.81% at ₹3182 on the BSE amid expectations of a flattish quarter due to furloughs and cautious client spending. TCS has fallen in three of the last five instances following its quarterly results announcement.

Infosys is set to announce its financial results for Q3FY26 on January 14. Analysts anticipate weak performance impacted by seasonal furloughs, projecting flat revenue growth and cautious client spending until planning cycles reset in January.

As Q3 FY26 approaches, analysts highlight key IT stocks like Persistent Systems and Tech Mahindra, projecting potential growth despite seasonal challenges. The December quarter is a seasonally weak quarter for the IT companies due to furloughs. Consequently, growth could slow.

According to Sugandha Sachdeva- Founder-SS WealthStreet, large-cap IT stocks are beginning to show early signs of bottoming out, after a prolonged phase of correction, consolidation, and relative underperformance through most of 2025.

Domestic tech stocks are experiencing significant losses following Infosys's salary hike for freshers. Most Nifty IT index constituents are down, with Infosys shares falling 0.5%.

Indian IT stocks are regaining investor interest, with the Nifty IT index rising over 6% in a month due to AI revenue visibility and improved US demand. Despite past underperformance, optimism is returning, although challenges like visa restrictions remain.

Over the past three and five years, Blue Cloud Softech Solutions has emerged as a multibagger stock, surging 269% and 309%, respectively.

Wipro share price led the pack by rising 3% to ₹272.22 on December, followed by Infosys shares gaining 2.25% to ₹1,675.60 on Monday.