Infosys Scores 57, Wipro 46: What the AlphaScala Gap Means

Infosys carries an Alpha Score of 57 out of 100, rated Moderate. Wipro sits at 46, rated Mixed. HDFC Bank also scores 46, with a Mixed label. The three readings, from AlphaScala's proprietary scoring system, point to a sector where conviction is uneven. One stock earns a passable grade. The other two land in the zone where the data neither confirms nor denies a thesis.

The gap between Infosys and Wipro is 11 points. That difference matters because the two companies share the same end markets – North American and European enterprise clients – and the same macro headwinds. If Infosys earns a Moderate score while Wipro lands at Mixed, the divergence is not in the addressable market. It is in execution, margin trajectory, or the quality of the order book. AlphaScala's methodology weights recent earnings momentum, valuation relative to peers, and insider activity. The 11-point gap suggests the market is pricing different outcomes for the two firms, even as the sector narrative treats them as interchangeable.

HDFC Bank, the largest private-sector lender, operates in a completely different regulatory and rate environment. Yet it lands in the same bucket as Wipro. The common thread is ambiguity. A score of 46 means the risk-reward is not asymmetric enough to justify a conviction position, absent a catalyst.

For the IT sector as a whole, the readthrough is straightforward. Infosys at 57 is the strongest signal in the group. Moderate is not a buy signal. It is a "watch but verify" grade. Wipro at 46 is a "wait for more data" grade. When the two largest Indian IT exporters by market cap produce scores that straddle the line between neutral and cautious, the sector does not offer a clean entry. The same logic applies to banking: HDFC Bank at 46 means the sector heavyweight is not flashing a clear opportunity either.

The practical take for a trader building a watchlist is to treat the sector as a collection of individual stories. Infosys may deserve a closer look if its next quarterly print confirms the momentum that pushed its score above 50. Wipro needs a catalyst – a large deal win, a margin surprise, or a change in leadership – before the score can move higher. HDFC Bank needs a resolution on the regulatory overhang that has kept its valuation compressed.

AlphaScala's scores are not predictions. They are a snapshot of how the available data stacks up against the firm's quantitative framework. The Moderate and Mixed labels tell the reader that the evidence is not yet conclusive. That is useful information in itself. A trader who sees two IT stocks with different scores knows to dig into the divergence rather than assume the sector moves as one.

The next concrete marker for Infosys and Wipro is the quarterly earnings cycle, which will refresh the revenue growth and margin data that feed the score. For HDFC Bank, the next catalyst is the regulatory update on the credit card and digital banking restrictions. Until those events land, the scores are likely to hold near current levels. A trader who wants to act on the sector can wait for the data to shift one of the stocks into a clearer zone – above 60 for a buy signal, below 40 for a sell signal. Right now, none of the three qualify.