LT acquisition of Mindtree – Is the deal value hinting at limited upside in IT sector valuation?

The inability of institutional investors to extract a higher premium from LT underscores the sectoral concerns which could put a cap on the valuation multiple

from Moneycontrol Business News https://www.moneycontrol.com/news/business/lt-acquisitionmindtree-–-isdeal-value-hinting-at-limited-upsideit-sector-valuation_12711541.html