HCL Tech and LTIMindtree are primed for growth as the GenAI revolution unfolds, with projected upside of 19-30% in 2025.

The technology sector is expected to continue its growth trajectory in FY25, driven by the ongoing demand for large-scale IT modernization projects. The demand for cloud migration, AI integration, and data analytics is driving growth, particularly in industries such as healthcare, public services, and financial services. Managed services are expected to outperform traditional consulting, with a focus on cloud, security, and AI. HCL Technologies and LTIMindtree are well-positioned to capitalize on future growth opportunities, with strong deal momentum and a focus on efficiency and cost optimization. The companies’ investments in next-gen platforms and emphasis on key verticals, such as data engineering and ERP modernization, underpin their growth outlook. The sector is expected to see sustained growth, with digital transformation and AI integration driving growth across key industries.