Economic Times•Business•16 సెప్టెం
PE exits in tech services stretch thin as valuation gaps widen
Analysts said the valuations are getting more realistic with some estimating markdowns of up to 30-40% in 2026 over 2025, mirroring the market cap decline of listed IT services providers. The BSE IT index plunged almost 30% since January, recouping around 10% from its July lows.