Data shows that several mid-cap IT companies remain significantly below their pandemic-era highs. Happiest Minds tops the list, trading about 78% below its all-time high, followed by Newgen Software at 74% and Sonata Software at 66%.
TCS has fallen 55% from its all-time high, but several mid-cap IT firms show even steeper declines. Happiest Minds is down 78%, Newgen Software 74%, and Sonata Software 66% from pandemic highs, indicating a widespread IT sector correction.
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