IT stocks to buy, Oct. 5 -- Brokerage firm HDFC Securities has recommended IT stocks by assigning 'buy' rating with up to 34% upside ahead of the beginning of second quarter earnings season (Q2 results FY27).

The brokerage's recommendations point to a mixed but potentially attractive setup across Indian IT stocks, with TCS carrying a target price of Rs.2,470, implying 20% upside, while HCL Technologies has a target of Rs.1,370, indicating 11% upside.

According to the firm, Wipro could rise 17% to Rs.185, while Tech Mahindra has a target of Rs.1,660, suggesting 9% upside.

Among the mid-cap names, Persistent Systems has a target of Rs.6,070, implying 15% upside, while Mphasis stands out with a target of Rs.2,840, offering 32% potential u...