Whalesbook
IT Sector Ne Bachayi Izzat!
Aaj, May 19, 2026 ko, Indian stock market mein mix trading hui, par IT sector ne sabko chamka diya. Infosys Ltd. ka share 4.47% badh kar ₹1193.60 par pahunch gaya. Aur Tech Mahindra Ltd. bhi pichhe nahi raha, 3.88% jump maar kar ₹1485.50 par trade hua. Aisa lag raha hai ki investors kaafi interest dikha rahe hain IT stocks mein.
AI Ka Future Aur IT Company's
Sabke mann mein sawaal hai ki AI ke aane se kya hoga. Kuch badi IT companies ne earnings ko lekar mili-juli guidance di hai, aur AI ko lekar chinta bhi hai. Lekin phir bhi, NIFTY IT index 2.4% chadha hai. Analysts keh rahe hain ki currency mein girawat aur IT sector ke stable rehne ki wajah se ye rally ho rahi hai.
Valuation Kya Kehti Hai?
Infosys ka P/E ratio lagbhag 14.9 hai, jo uske historical average aur market ke 44.49 P/E se kaafi kam hai. Isse lagta hai ki share abhi sasta mil raha hai. Analysts ka kehna hai ki Infosys ko 'Hold' karna chahiye, kuch ko lagta hai ki abhi aur upar ja sakta hai.
Tech Mahindra ka P/E ratio 26.5 ke aas-paas hai. Yeh thoda zyada lag sakta hai, par kuch experts ka kehna hai ki ye abhi bhi thoda undervalue hai. Share price short term mein achha perform kar raha hai, par 100-day aur 200-day moving average se neeche hai.
Dusre Stocks Ka Kya Hua?
Dusri taraf, Hindalco Industries Ltd. 1.20% gir kar ₹1040.50 par aa gaya. Oil & Natural Gas Corporation Ltd. (ONGC) bhi peeche nahi raha aur 0.98% neeche ₹294.30 par band hua.
Hindalco ka P/E ratio 14.7 hai, matlab valuation bahut high nahi hai, par share apne 52-week low ke aas-paas hai. ONGC ka P/E ratio 9.86 hai, jo kafi reasonable hai aur pichhle 6 mahine mein isne achha perform kiya hai. Phir bhi, aaj share gira, shayad market ke trends ya commodity prices ke changes ki wajah se.
Analysts ONGC ko 'Buy' karne ki salaah de rahe hain, aur target price bhi positive dikha rahe hain.
Sector Ka Outlook Aur Challenges
IT sector 2026 tak recover hone ki ummeed hai, kyuki AI services ki demand badh rahi hai. Forecast hai ki India ka IT spending $176 billion cross karega 2026 mein, aur IT services 11.1% grow hongi.
Metals aur mining sector, jisme Hindalco hai, mein growth thoda slow hone wala hai. Agle teen saal mein revenue growth 3.3% rehne ka andaaza hai.
ONGC ka performance global energy prices par depend karta hai. FY25 ke results mein operating aur net profit mein girawat dikhi thi.
Risks Aur Valuations
IT sector mein rally ke bawajood, kuch risks hain. AI se traditional IT services ka revenue kam hone ka dar hai. Infosys ke liye, analysts ne constant currency revenue mein girawat aur operating margins mein kami note ki hai.
Hindalco ke liye, revenue growth Indian Metals aur Mining industry se slow rehne ka andaaza hai. ONGC ko kuch experts 'Modestly Overvalued' maan rahe hain, uska P/E ratio 10-year median se 35% zyada hai.