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Small IT firms face greater risk: Shrikant Shetty

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Shrikant Shetty, head-equity advisory, Unicon Securities, says the overall mood of the industry, especially for the IT sector, is conservative and cautious, and business growth is going to be difficult even for the larger players. He warns since client concentration is bigger in smaller companies, the risks of even a single contract going away could spell trouble for these firms.

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