Speaking to CNBC-TV18, Shashi Bhusan of IDFC Securities said that he expected a weak performance from both TCS and Infosys.
Shashi Bhusan, IT Analyst, IDFC Securities, expects the company to issue a revenue guidance of 11-13 percent for FY17.
Shashi Bhusan, IT Analyst at IDFC Securities is positive on Infosys and feels that Tech Mahindra may test Rs 680.
Shashi Bhusan, IT analyst at Prabhudas Lilladher says constant currency growth in Q4FY15 will be better year-on-year. He says the dollar strength will impact profitability by 30-60 basis points for IT companies.
Shashi Bhusan of Prabhudas Lilladher feels there is still more upside for Polaris on the back of improvement in demand coming from Banking, Financial services and Institutions (BFSI) segment.
In an interview to CNBC-TV18, Bhusan said, "In dollar terms, we are expecting 2.7% quarter on quarter growth with a margin expansion of around 210 bps. On the bottomline we are expecting 17% quarter on quarter growth in rupee terms."
Shashi Bhusan is bullish on HCL Tech and Infosys and expects them to outperform some of the larger peers. He prefers Polaris and MindTree in the midcap space and Persistent Systems in smallcap.
Polaris is our top picks in the midcap space at this point of time, says Shashi Bhusan, IT Analyst, Prabhudas Lilladher.
Shashi Bhusan, IT Analyst, Prabhudas Lilladher is positive on HCL Tech and Infosys.
In an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, Shashi Bhusan of Prabhudas Lilladher, spoke about his outlook on the IT space and various stocks in it.