According to Ashwin Mehta, IT analyst at Nomura India, TCS would continue to trade at a premium over Infosys, and so prefers TCS. His other picks in the IT space are HCL, Cognizant.
According to Ashwin Mehta, IT Analyst of Nomura India, one may expect 20 percent upside in HCL Technologies.
Ashwin Mehta, IT Analyst of Nomura India is of the view that HCL Technologies is a top pick in the IT space.
Nomura India's top buy continues to be HCL and Cognizant. From a one-year perspective, it sees 15-20 percent upside in IT stocks from current levels.
Ashwin Mehta, information technology (IT) analyst with Nomura India talks about the possible impact on companies in the the Indian IT sector due to the clauses in the US immigration bill.
Infosys can test Rs 2260, says Ashwin Mehta, IT Analyst at Nomura India.
HCL Technologies is a top pick in IT space, says Ashwin Mehta, IT Analyst at Nomura India.
Ashwin Mehta, IT Analyst at Nomura India said HCL Tech remains their top pick with a target price of Rs 630 per share. According to him, client mining has showed positive progression in Q1.
Ashwin Mehta, IT analyst at Nomura India is neutral on Tata Consultancy Services and Infosys,
Mahindra Satyam, Tech Mahindra have agreed to merge. In an interview to CNBC-TV18, Ashwin Mehta, IT analyst, Nomura India says, it’s largely neutral for Tech Mahindra.
Infosys is expected to announce its second quarter result on October 12. Most experts feel that the recent fall in the rupee will help boost Q2 earnings of the Indian IT companies like Infosys. Ashwin Mehta from Nomura India too feels that Infosys is likely to benefit most from the rupee's depreciation.
HCL Technologies has target of Rs 530, says Ashwin Mehta, Nomura India.
Ashwin Mehta, Nomura India is neutral on Patni.
Once a star performer among the mid-tier IT companies, MphasiS has been a laggard this year, especially as a decline in revenue coming via its parent Hewlett Packard (HP) has hurt its earnings in the last few quarters.
Ashwin Mehta, Research Analyst from Nomura, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective of HCL Tech's fourth quarter performance and divulged his expectations from the company going forward.
The last quarter of FY11 is giving IT companies a reason to smile, all because of bigger client budgets, reports CNBC-TV18's Kritika Saxena.
In an interview on CNBC-TV18, Ashwin Mehta, IT Analyst from Nomura India is bullish on the Indian IT sector performing exceptionally well. While he remains positive on growth for the industry, he says, "We are more cautious on the supply side pressure and growth investments required by the Indian IT companies."
See further downside in Mphasis, says Ashwin Mehta, IT Analyst, Nomura India.
Ashwin Mehta, IT Analyst, Nomura India is negative on midcap space.
Indian IT industry has seen a massive expansion in the last decade. This industry signifies India's position as the knowledge-based economy with a sustainable growth rate. In an interview on CNBC-TV18, Ashwin Mehta, IT Analyst from Nomura India said that the Indian IT sector will keep marking growth and he is very positive about it.