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Nuvama bullish on tier-2 IT stocks, LTIMindtree among brokerage's top picks; here's why
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Coforge, LTIMindtree, Mphasis, and Persistent). The broker added that during the past five years, especially since the covid breakout, the IT services sector has experienced a paradigm shift.
Certain high-caliber tier-2 IT firms have outperformed their bigger counterparts over the past five years, both in terms of growth and margins. Their business profiles have also been significantly derisked and diversified as a result of this.
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