Pending — not yet graded
In the IT services sector, Mehta highlights Persistent Systems as a standout performer due to its consistent high-teens growth, even amidst broader sector struggles. He suggests long-term investors consider accumulating the stock on corrections, acknowledging its expensive valuations, and also sees green shoots in parts of the IT services space, citing improving commentary from LTIMindtree.

Dipan Mehta’s track record: 12 graded calls · 95% CI 25–75%

Nifty FMCGBullishCalled 21 Jan 2026
Verdict:PENDING

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