Top IT Stocks: The country’s IT industry, which gives recognition to the country at the global level and gives impetus to growth, has been facing turmoil for the last two years. This year, the quarterly results of many IT companies were also not as per expectations. These include companies like TCS, Infosys and HCL Technologies.
However, it is a matter of relief that in the first quarter of the business year 2026, there was no decline in their performance, but remained stable. Experts believe that the revenue and margin of almost half of the major companies have exceeded the expectations.
These two shares are in focus
Meanwhile, the two stocks that are being focused on are HCL Tech and Coforge. Experts say that in the coming time the IT sector may reach its lowest level. The biggest challenge in this is AI (Artificial Intelligence). On top of that, orders from outside countries have also reduced. In such a situation, this sector is continuously facing challenges.
HCL Technologies
Brokerage firm Motilal Oswal Financial Services has kept a target price of Rs 1800 for this share. In early trade on Thursday, November 6, shares of HCL Technologies were trading at Rs 1527.10 per share, which shows a decline of Rs 2 or 0.13 percent. In the July-September quarter, the company’s revenue was 2.4 percent more than the previous quarter, which was better than expectations. EBITA margin was also recorded at 17.4 percent. The company also has many projects, due to which its value has increased by 16 percent year-on-year.
Coforge
Motilal Oswal has kept the target price of Coforge at Rs 2,400. In early trade on November 6, shares of Coforge were trading at Rs 1,767.60, up Rs 0.60 or 0.034 per cent. The company has seen a 5.9 percent quarter-on-quarter increase in revenue and 18 percent increase in net profit in the second quarter of financial year 2026. During this period, the EBITA margin of the company was recorded at 14 percent. Its order book for the next 12 months is 1.6 billion.
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