Indian IT services are at an inflection point — discretionary spending recovery in BFSI, AI-driven productivity unlock from Topaz platform, and improving deal sizes after two years of mega-deal scarcity. Infosys' margin discipline through the downturn positions them well for operating leverage as growth resumes. Forex tailwind from INR depreciation.
| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| DOCU | DocuSign Inc. | 65 | +6% | ↓8% | NEUTRAL |
| BILL | BILL Holdings Inc. | 65 | +8% | ↓8% | NEUTRAL |
| GLOB | Globant SA | 65 | +12% | ↓8% | WATCH |
| SAP | SAP SE | 65 | +8% | ↓8% | WATCH |
| SE | Sea Limited | 65 | +14% | ↓8% | WATCH |
| UBER | Uber Technologies Inc. | 65 | +16% | ↓8% | WATCH |
| SNOW | Snowflake Inc. | 65 | +9% | ↓8% | NEUTRAL |
Infosys Q4 deal TCV hits record $4.4B; BFSI vertical leading recovery
Topaz GenAI revenue contribution reaches 8% of overall services bookings
Operating margin holds at 21.2%, top of guidance range
Estimates · Yahoo Finance · Not audited figures