Ahead of Q3, HDFC Securities recommends a buy on Infosys, HCL, 5 more IT stocks for up to 52% upside

Ahead of a seasonally weak Q3FY26, HDFC Securities has recommended buy ratings on seven Indian IT stocks, including Infosys and HCL. Despite near-term headwinds like furloughs and macro uncertainty, these stocks offer potential upside of up to 52%. The brokerage anticipates modest sequential growth for most, with some expected to raise FY26 revenue guidance.