Positive impactResults
Indian IT stocks could gain 30-40% over the next 2–2.5 years, says Sandip Agarwal
CNBC-TV18 1 hr ago·22 Oct 2026, 5:23 am
A leading fund manager has forecast a significant upside for the Indian IT sector over the next two to two-and-a-half years. Sandip Agarwal of Sowilo Investment Managers predicts that the sector could see a 30-40% price appreciation, driven primarily by strong earnings growth. He anticipates that profit after tax (PAT) for these companies will expand by 45-70% over the next three years, depending on the specific firm.
For investors, this outlook suggests that IT stocks may offer substantial returns as companies benefit from improving profitability and potentially better business cycles. The focus will be on how well these firms can execute on their growth strategies and manage operational costs.
Investors should keep an eye on global economic trends and the demand for digital services, as these factors heavily influence IT sector performance. Monitoring quarterly results and management commentary will be crucial to gauge if the sector can sustain this growth trajectory.
Excerpt from CNBC-TV18
Published On Oct 22, 2026 | 10:52 IST Last Updated On Oct 22, 2026 | 10:53 IST Sandip Agarwal, Fund Manager at Sowilo Investment Managers, expects profit after tax (PAT) to grow by 45–70% across Indian IT companies over the next three years, depending on the company. He believes earnings growth will be a key driver of…Read the original at CNBC-TV18
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
