Jigar Shah of Kim Eng Sec told CNBC-TV18, "IT space should continue to deliver good results for the next few quarters. We particularly like some of the midcap stocks which have not really risen up to the valuations of the larger companies which includes CMC, Hexaware Technologies, KPIT Technologies and Tech Mahindra."
"These are some of the stocks which we like and we think these are undervalued considering a pretty strong earnings growth potential over the next couple of years," he adds.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
