IT & Technology

Independent equity research on Indian IT services, engineering services and technology stocks. Each Zumedha report values the company with DCF, relative valuation, asset-based (NAV), earnings power (EPV) and sum-of-the-parts methods, then sets a clear Buy Range, Sell Range and risk-and-catalyst view. Coverage spans large-cap IT services, mid-cap software and digital engineering, automotive and engineering R&D services, data and analytics firms, and technology platforms. Earnings in this sector depend on client spending in the US and Europe, deal wins and pipeline conversion, attrition and wage costs, rupee movements, pricing pressure, and the impact of AI on service demand, and our reports test each of these against current valuations