Archive · 24 Jul 2025
Worst Likely Over for IT Sector, Says Deven Choksey
An expert named Deven Choksey thinks the Indian IT sector is starting to recover.
He believes the most difficult times are likely over for many companies.
Companies are changing how they work by using new technology like AI.
He suggests that investors look at mid-sized IT companies, especially those good at engineering.
He also noted that companies are being more flexible.
He recommends being cautious when picking IT stocks, but has better expectations of companies like Infosys.
Deven Choksey believes the worst may be behind the Indian IT sector.
Mid-tier IT firms, particularly those focused on engineering and R&D, are seen as attractive picks.
Companies are transitioning their business models to incorporate AI and platform-based solutions.
Attrition in top IT firms reflects agility and a focus on profitability.
Choksey suggests a measured approach when selecting IT stocks.
- Who
- Deven Choksey, Managing Director at DRChoksey FinServ Pvt Ltd.
- What
- Deven Choksey shared his insights on the improving outlook for IT firms.
- When
- In a conversation with Business Today on Thursday.
- Where
- N/A
- Why
- To share insights on the improving outlook for IT firms.
- Expert
- Deven Choksey
- Company
- DRChoksey FinServ Pvt Ltd
- Focus
- Indian IT sector
- Recommendation
- Select mid-tier IT firms
- Trend
- AI integration