Indian IT stocks have rallied, but AI threatens the old growth model. Firms must turn expertise into revenue before automation erodes the future.
Indra Chourasia
November 2, 2026 at 5:10 AM IST
The Nifty IT P/E sits at around 20 times, well below the 28x-to-30x range the sector traded at through much of 2024. This compression tracks the widening distance between what the Big 6 are claiming on AI, and what they are disclosing.
Dev Chandrasekhar
May 18, 2026 at 8:39 AM IST
Istock.com
