Nifty IT index stocks: Hold recommendations galore; will analysts be right?

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Key Points

Gone are the days, when a single company was considered a bellwether for IT sector stock..

Today, whether it is a large or mid sized company, all have different focus areas and hence their quarterly results tend to differ from one another..

Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores...

It is time for investors to look at each stock individually, irrespective of the market capitalization of that company..

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Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Simple average of the above-mentioned five component ratings is normally distributed to reach an average score.