IT companies will do well: Kotak

IT companies will continue to do well for some more time, says Sanjeev Prasad, Institutional Equities, Kotak Securities Limited.

Prasad told CNBC-TV18, "At any day It companies are very well managed companies and if you look at the revenue growth which you are looking at anywhere from 25-30% revenue growth we can expect in dollar terms the four larger companies, I am including Cognizant even thought its not based in India." He further added, "I don