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Bloomberg Quint

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Shifting Preference? Large IT Companies Are Losing Out To Midcaps | Open Interest

  • Large IT companies are losing market share to mid-sized and small IT firms in India.
  • Clients are now seeking IT services partners that are more agile and aligned to their evolving needs, impacting the market.
  • Top 20 IT companies in India have seen a shift in revenue share towards mid-cap players, with mid-caps driving industry growth.
  • Mid-cap IT companies are trading at a premium compared to larger peers, reflecting the change in market dynamics.

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