Top IT services stocks offer 10-15% upside, says Investec

Investec reports an improved risk-reward scenario for most IT services stocks, projecting potential one-year returns exceeding 10-15%. The brokerage upgraded Infosys to 'Buy' with a target price of ₹1,655, anticipating an 8% gain. Tech Mahindra, Infosys, and TCS are favored among larger stocks, while Mphasis, Zensar, and KPIT are preferred in the mid-sized category.