India's mid-sized information technology segment has seen frequent churn over the past two years. While the top order stays steady, mid-cap IT has seen multiple changes in rankings by revenue. One company has jumped three spots in less than a year.
The two companies have recorded the fastest revenue growth in the industry, but the investors would have none of it. Among major concerns: Concerns regarding profitability and cash flows
From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards.
However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.
Infosys showcased robust sequential revenue growth in the June 2025 quarter, driven by a lower base, improved pricing, and higher utilization, outperforming its peers. The company revised its FY26 constant currency revenue guidance upwards to 1-3% due to strong new deal wins.
Infosys is expected to post the fastest revenue growth among the top five Indian IT players, of up to 3.5% sequentially, showed a Mint analysis of at least five brokerages.