IT News: Due to the outcome of the Lok Sabha elections in the country and geopolitical issues, there is a sharp effect of doubt on the market in terms of inflation. In such a situation, the IT sector has not seen a sharp rise for a long time. However, mid-cap IT companies have made their way into the billion-dollar revenue group.
Out of the Indian IT industry of $250 billion, 4 mid-cap companies have taken entry in the billion-dollar revenue group in the last 5 quarters. These include L&T Group’s LTTS, Coforge, Persistent Systems, and Sonata Software. Among them, Coforge, Persistent Systems, and Sonata Software are seen to be working in every field.