“Sandip Agarwal has turned very positive on the IT sector, citing a sharp correction over the last 15-16 months that has made valuations attractive (PEG ratios at 1.5-1.6x). He believes the 13% rupee depreciation is underestimated and will directly translate into EPS upgrades, projecting 15-20% EPS growth for the sector over the next two years, with even large caps potentially seeing 27-28% earnings growth in a worst-case scenario.”

Sandip Agarwal’s track record: 5 graded calls · 95% CI 12–77%