Building Wealth with IT Stocks | Insider Secrets Revealed | Indian Market Story Ep 9

Welcome to the 9th episode of The Indian Market Story. Our guest, Mr. Dipan Mehta, a seasoned investor with more than three decades of experience, joins us today for an insightful discussion on the landscape of the Indian IT sector. Together, we explore the captivating chronicles of leading Indian IT firms like Infosys and TCS. Founded in the 1980s by visionary groups of engineers, these companies capitalized on the opportunity to offer global companies high-quality IT services at costs significantly lower than those of their competitors in the developed world. We unfold the intriguing stories of their inception and early days, painting a vivid picture of their origins and growth. Delving deeper, we analyze the key factors that fueled their remarkable success. India's abundant pool of skilled engineers and IT professionals, coupled with lower labor costs and substantial government support through tax incentives and investment-friendly policies, significantly contributed to these companies' global success. Moving forward, we identify the emerging trends that are poised to propel the future growth of India's IT sector. From the increasing adoption of cloud computing and mobile internet to the surging interest in artificial intelligence and the growing demand for cybersecurity solutions, we discuss how these trends are forging the next growth curve in the IT landscape. Lastly, our conversation pivots to guide investors interested in the Indian IT sector. We shed light on the critical aspects they should consider when strategizing their investments, such as a company's growth track record, the competency of its management team, its unique competitive advantage, and its valuation. We look into promising options, including popular mid-cap stocks, to provide a well-rounded perspective on investment opportunities. About Mr. Dipan Mehta: Mr. Dipan Mehta is the CEO and MD of Elixir Equities Pvt. Ltd. a major stock broker. His vision of investing in superior secular growth businesses has borne fruit over the years through exceptional returns for investors. His views are sought after by the media and he is a regular on most TV channels – CNBC, ET Now, CNBC Awaaz, CNBC Bajar, Bloomberg, Star News, Zee Business etc. • • • To Know More, Follow PaisaSmart On 👇 Instagram @PaisaSmart : https://www.instagram.com/paisasmart/ Twitter @mehtadipan : https://twitter.com/mehtadipan LinkedIn PaisaSmart : https://www.linkedin.com/showcase/paisasmart • • • Chapters: 00:00 - Introduction 01:16 - History of IT Sector 08:30 - Future Trends 25:23 - Infosys 27:44 - TCS 29:47 - IT Services vs Application development 31:40 - Tech Mahindra 32:14 - Future of IT Sector 33:32 - Tata Elixi 33:58 - LTI Mindtree 36:40 - Other Midcap IT Stocks 37:40 - Conclusion • • • Disclaimer: Mr. Dipan Mehta, PaisaSmart, its parent company Elixir Equities Pvt. Ltd. or its associates including its relatives/analyst may hold a financial interest/beneficial ownership of more than 1% in the financial assets covered by us. The information provided in this video should not be considered as investment advice. The views expressed herein are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision.