The results might have caused a stir in the IT services and software space, but the impact is not going to be uniform for all D-Street tech players, say analysts.
With the 100th indigenous booster rolled out, the BrahMos programme moves closer to full localisation as India eyes new export markets and domestic warhead production.
Geojit believes that improving fundamentals, diversified revenue streams, and more reasonable valuations post correction position CAMS well for sustained growth, underpinning its Buy rating.