If you can get a handle on the book based on the current book, they are all trading at about half time book value unadjusted. While the growth rates are about 9-10% for the IT industry, individual companies will grow faster. The sector provides clarity of earnings and certainty of earnings growth. It has also corrected and so these are the companies that we would increasingly look at.We have increased our cash levels in the recent past. Now we are probably sitting at about 7-8% in cash and also we have decreased our PSU bank exposure.

Source: Economic Times February 26, 2018 04:52 UTC