Friday, 24 March, 2023

Infosys, HCL, and Tech Mahindra are Kotak’s top IT stocks after 2QFY20

<p>IT companies HCL, Infosys, Tech Mahindra have emerged as the top IT companies at the end of the second quarter of FY 2020. According to the research report by Kotak Institutional Equities, strong free cash generation by Infosys and no material change in its working capital cycle have helped them in attaining high revenues. Tech Mahindra has achieved this with the revival in growth in telecom &amp; 5G opportunities whereas effective product strategies have worked for HCL.</p>