Dolat Capital's Jain on India's I.T. Sector Outlook

The transcript discusses the challenges faced by the IT industry due to global events like the Russian-Ukraine war and inflation, impacting companies like Infosys. It explores market expectations and potential guidance changes, highlighting the cautious approach of clients. The potential of generative AI for Indian tech companies is examined, with expectations of significant growth in the coming years. Finally, the performance and future outlook of Paytm are analyzed, noting growth moderation and valuation changes.

What event is mentioned as a starting point for challenges in the IT industry?

• Brexit

• Russian-Ukraine war

• COVID-19 pandemic

• US-China trade war

Which company is highlighted as being more severely affected by cautious client spending?

• TCS

• Wipro

• Infosys

• HCL

What is the expectation for IT companies' guidance in the second half of the year?

• Guidance will be eliminated

• Guidance will remain the same

• Guidance will be lowered

• Guidance will be raised

How long is the wait-and-watch period expected to last before client spending returns?

• One to two years

• One to two quarters

• One to two months

• Indefinitely

What technology is expected to significantly boost Indian tech companies' growth?

• Cloud computing

• Blockchain

• Quantum computing

• Generative AI

What is the expected growth rate for larger companies once growth normalization occurs?

• 5-10%

• 15-20%

• 78%

• 50%

What is the target price increase for Paytm mentioned in the discussion?

• 50% higher

• 40% higher

• 30% higher

• 20% higher