Mid-Cap IT Stocks: Rally or Bubble before Q3 Results

fireboltt

[03-Dec-2025] – User: TechMidcapFan
“Mid-cap IT names — LTIM, Coforge, Persistent Systems — running heavy for last 2 weeks, despite weak global cues. With Q3 earnings for many due in Jan–Feb 2026, is this rally due to order pipelines or just spec money? Anyone tracking contract wins or order backlog news?”

fireboltt

Reply – User: OffshoringGuy
“I read in a analyst note (on LinkedIn) that Coforge got 2 new deals from US fintech clients worth >15 M USD each. If real, that might justify rerating. But such pre-result hype always risky — could reverse if guidance is weak.”

fireboltt

Reply – User: DataCruncher
“True — and rupee has been stable this month, which helps margins. But valuations are already at 22–24× earnings for many mid-cap ITs. I might wait till after Q3 numbers before adding more. SIP approach only for now.”

fireboltt

Reply – User: YoungInvestor123
“I bought some LTIM last week — belief is global tech demand may pick up in 2026. But I’m only keeping small qty, will reassess after result. Risk-reward seems okay if company reports decent revenue growth + steady margin.”