Harit Shah, IT Analyst at HDFC Securities is of the view that Majesco may test Rs 800.
Ankita Somani, Analyst at Angel Broking is of the view that Wipro has been a laggard in terms of revenue growth among the top four IT companies.
Nirmal Bang Institutional Equities's Harit Shah feels that Infosys should meet street estimates as they are not very high, In case it fails to meet its 1-1.5 percent range of dollar revenue growth, it will be a big negative for the stock
Harit Shah, senior research analyst, Nirmal Bang Institutional Equities, explains to CNBC-TV18 that the EGoM's announcements do not change his negative view of the telecom sector which, he says, is still not rid of some of the problems fundamental to the functioning of telcos.
Harit Shah of Nirmal Bang Institutional Equities explains to CNBC-TV18 that there isn't any further scope for an upside in Infosys. He has advised clients to sell if they can book profits.
After the good results of companies like HCL and TCS, Harit Shah, Sr. Research Analyst, Nirmal Bang Institutional Equities feels that the market will get a clear picture of the IT sector only after the first quarter of FY13.
Harit Shah, senior research analyst at Nirmal Bang Institutional Equities, tells CNBC-TV18 that Rs 165-166 is a more reasonable EPS target for Infosys in FY13
Harit Shah, IT Analyst, Nirmal Bang in an interview to CNBC-TV18 said that the overall economy is not in a good shape, in such an environment it would not be conducive to expect more of these firms to comfortably beat their guidance.
Harit Shah, senior Research Analyst, Nirmal Bang Institutional Equities said, the best part about the performance of TCS was that they registered all round growth. He expects TCS to continue to outperform over the next couple of quarters.
Harit Shah, Senior Research Analyst, Nirmal Bang Institutional Equities is disappointed with the guidance given by Infosys for the second quarter of FY12. "They guided for around 4.3% sequential top line growth in rupee terms and we were expecting around 5.5-6%."