Coforge’s Encora deal draws caution amid weak IT growth outlook, say fund managers

Sandip Agarwal, Fund Manager at Sowilo Investment Managers and Bhavin Shah, Founder CIO & CEO of Sameeksha Capital flag high valuation and execution risks in Coforge’s Encora acquisition, warning of limited near-term upside amid a slowing Indian IT sector and rising AI-led disruption.

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