IT Companies Post Higher Deal Values Amid Strong Demand for AI Services

India's top IT companies have reported higher contract values in Q3, indicating a strong order pipeline and potential resumption of client discretionary spending. Infosys, HCLTech, and Tech Mahindra posted higher deal values, while TCS and Wipro saw a decline in their total contract values. Analysts believe that the focus will be on execution and the impact of AI may be overestimated in the short-term.