Management commentary to set the tone for IT; iffy on city gas cos: Dipan Mehta

economictimes.indiatimes.com:

Dipan Mehta, Director, Elixir Equities, says the question that everybody on the Street will ask the IT company is how big is this AI opportunity. Is it for real? Is it going to translate into double-digit growth rates for the next four to five years for IT companies? If we get a positive response over there, then IT will take a leadership position. The first few results will immediately set the tone for the entire sector.

All the Maruti magic yesterday pilfered through the entire auto pack as well. But how much more of a material gain do you think Maruti can get out of this UP discount registration now for hybrid cars?
Dipan Mehta: It is not just the actual material benefit that may or may not take place, but it is a signal to the other states as well that this is something which they can implement to reduce pollution and give encouragement to cleaner vehicles and that has what has driven the sentiment up in Maruti. If other states also follow suit, then certainly Maruti will have a phenomenal edge over its competition, because the best hybrid cars, the most popular ones are the ones which Maruti is producing.

That I think is a clear signal that this is the way the government is thinking at the state level, maybe even at the central level and that could be very positive for Maruti. That is the reason why the stock has gone up because on the whole, the numbers that came through for June were pretty much tepid and this quarter also we do not have any great expectations in terms of top-line or bottom-line growth for