Neutral impactResults
Indian IT margins could come under pressure in FY28 if rupee cushion fades: JM Financial
CNBC-TV18 1 hr ago·17 Sept 2026, 5:39 am
JM Financial's Rajiv Berlia says Indian IT margins held up this year mainly because of rupee depreciation, and FY28 could see pressure return if that support fades. He expects earnings estimates to be cut to neutral in the second half of FY27 as competition rises. He still holds buy or add ratings on nine of his 15 covered stocks, led by Mphasis and Sagility.
Affected stocks
Neutral2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns JM Financial (JMFINANCIL).
- Category: Results.
- Also mentions SAGILITY.
Why it matters
A routine update for JM Financial. Use the price and stock snapshot to gauge how the market is responding.
