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Cognizant Q1 results: Key takeaways for TCS, Infosys, HCL Tech, Wipro & other IT firms

TCS, Infosys Wipro: Nirmal Bang said valuations for most IT stocks are expensive in relation to their 5-year or 10-year histories and it sees no material upside to FY25/FY26 earnings for its coverage in the next 12 months.

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