Midcap IT Companies News
Hirings at LTI, Coforge, other mid-tier tech cos to outpace the Big Five this fiscal
Mid-sized tech services companies in India are expected to continue hiring, driven by agile operations and shorter projects. In FY26, these firms might hire about 16,000 employees, outpacing the Big Five. Where are the opporunities opening up for freshers and experienced hands?
5 min read13 Nov 2025Tata Elxsi share price dips 3% as Q2 profit tumbles 33% YoY. Is it time to press sell button?
Tata Elxsi share price hit the day's low of ₹5406.45 in the stock market today, down 2.99% against its last closing price of ₹5573.15. As of 11.05 am, Tata Elxsi shares were trading 2.7% lower at ₹5423.90.
2 min read10 Oct 2025Earnings Preview: Muted Q2FY26 ahead for IT companies; mid-caps seen outperforming large-caps: Motilal Oswal
India's tech firms will announce Q2FY26 results next week, with analysts predicting muted growth due to macroeconomic uncertainties. Large-cap IT companies may see 0.3% to 2.4% growth, while mid-caps are expected to outperform.
2 min read1 Oct 2025Bears double down on IT stocks; midcaps hit harder
Nine IT firms lost $9.5 billion in market cap Monday, with midcaps seeing the heaviest build-up of open positions, signalling stronger bearish bets in the near term.
2 min read23 Sep 2025Investing in India’s $250 billion IT services sector? Here’s all you need to know
India’s IT services sector faces weak demand, layoffs, and AI-driven disruption. As large companies like TCS and Infosys struggle, nimble midcaps such as Coforge and Persistent are winning deals and adapting faster, drawing investor focus.
20 min read23 Aug 2025IT slowdown? These five stocks haven’t heard of it.
A mix of agile mid-size players and innovative small caps are grabbing market share and growing revenue at breakneck speed. Are they worth an investment?
6 min read25 Jun 2025How India's mid-cap IT bested the Big Four in hiring
While the heavyweights added 9,442 employees, their mid-cap rivals together added 25,794. The increase in headcount comes on the back of a series of large deal wins for the mid-cap companies.
3 min read14 May 2025Brokerages cut target price on this mid-cap IT stock after Q4FY25 miss. Is it in your portfolio?
Cyient share price, one of India’s leading IT companies, plunged 9.5% in intraday trade on Friday, April 25, falling to ₹1,125 apiece. Today's decline came after the company’s March quarter results (Q4FY25) fell short of analyst expectations.
2 min read25 Apr 2025Prabhudas Lilladher favours mid-cap IT over large-caps: Initiates coverage on Cyient, Persistent Systems and Mphasis
The brokerage Prabhudas Lilladher highlights challenges for large-cap IT stocks affecting mid-caps but remains optimistic about the latter. They initiated coverage on Cyient, Mphasis, and Persistent Systems, citing potential growth due to niche expertise and market dynamics.
3 min read4 Sep 2024Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings
Post the Q1 earnings, Among Tier-1 tech companies, the brokerage likes Infosys and Tech Mahindra, while KPIT Tech and Persistent Systems are its preferred picks within the Tier-2 segment.
3 min read22 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared