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Analysts imagine that Indian IT corporations have a low hurdle to attain consensus forecast of 12-18% income development for FY22 given a robust deal pipeline. The trailing price-earnings (P/E) a number of of the IT sector index touched a fifteen-year excessive of 26.5 in June 2021. The Nifty IT index gained 7.6% in June, taking the one-year return to 108.2% thereby outperforming the 12-month acquire of 54.5% within the Nifty 50.

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