Tue, Apr 30, 2024
IT sector outlook: As per Sunil Damania, Chief Investment Officer, MojoPMS, the IT sector underperformed in Q4FY24 and experienced a decline of approximately 6 per cent. This decline is primarily attributed to concerns about the business outlook.
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Mon, Apr 29, 2024
Last week, six of India's top 10 firms witnessed a significant increase in market valuation by Rs 1.3 lakh crore. Led by SBI and ICICI Bank, amidst a positive trend in equities, the BSE benchmark rose by 641.83 points or 0.87% during the week.
Tue, Apr 23, 2024
Infosys in an exchange filing said it received the order on April 22, 2024, passed by Assistant Commissioner of State, Odisha (GST) for the collection of a penalty of Rs 1,46,873.
Wed, Apr 19, 2023
The IT stocks have been hammered by investors since the day the heavyweight TCS released its Q4 earnings on April 12, followed by Infosys results on April 13, which were mainly below expectations.
Tue, Apr 18, 2023
Stocks to buy: Analysts line up their top recommendations for solid returns. Infosys, HDFC Bank and Zomato are among the top five stocks that may give returns of up to 33 per cent.
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex extended losses to a second straight day on Tuesday amid mixed moves across global markets, a day after halting a nine-day winning streak owing to selling pressure in heavyweights such as Infosys and HDFC Bank as the Street reacted to their worse-than-expected Q4 results. Catch minute-by-minute updates of all the action in the Indian share market on April 18, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Mon, Apr 17, 2023
Infosys Vs TCS: Whose results are better in Q4? Who leads the results scale in Q4? Which company has better Q4 results? Know the complete details from Kushal Gupta.
Top Gainers & Losers: Indian equity benchmarks Sensex and Nifty halted a nine-day winning run in a weak session on Monday, dragged by selling pressure in heavyweights such as Infosys and HDFC Bank.
Infosys shares tanked nearly 11% on NSE in the morning trade after the company reported lower-than-expected Q4 numbers and gave a weak 4-7% revenue growth guidance for FY24
A sharp fall in Infosys shares on Monday dragged the Nifty IT — whose 10 constituents include Tata Consultancy Services (TCS), Wipro, HCL Technologies and Tech Mahindra — 4.7 per cent for the day. Besides Infosys, TCS, LTIMindtree and Tech Mahindra posed the maximum pressure on the IT index.
Dividend Stocks, TCS or Infosys or HDFC Bank dividend 2023: A dividend is paid by a company as a reward for investment in the business to its shareholders. The rise in dividend payout gives confidence to the shareholders that the earnings are real. Check out — TCS or Infosys or HDFC Bank: which company has a better history of giving dividend to its investors in last 5 years.
How are Infosys and HDFC Bank's Q4 results? Why HDFC Bank the biggest trigger today? Opinion to short HDFC Bank? Where to sell in Infosys? What will happen in midcap IT stocks today? Know the complete analysis of Q4 results from Anil Singhvi.
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex suffered sharp losses on Monday, halting a nine-day-long winning run, amid negative moves across global markets after data pointed to resilience in core US retail sales and a rise in inflation expectations. HDFC Bank and Infosys succumbed to selling pressure after the blue-chip reported their Q4 results and announced dividends last week. Catch highlights of all the action in the Indian share market on April 17, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Infosys (INFY) share price: The stock of India's second largest IT company suffered huge losses on Monday after top brokerages downgraded the firm and cut their target prices for its shares by as much as 30 per cent following the earnings announcement.
Sat, Apr 15, 2023
The markets extended a gaining streak for the third successive time this week and rose over a per cent, tracking favorable global markets and supportive local cues.
Fri, Apr 14, 2023
TCS and Infosys, two of India's largest IT services providers, reported their financial results this week that fell short of analysts' estimates. Here's a lowdown on how the quarterly numbers and dividends from the two blue-chip IT giants compare.
Thu, Apr 13, 2023
Infosys’ revenue came in at Rs 37,441 crore, down 2.3% Q-o-Q, while its operating margin stood at 21% in Q4 #q4results #Infosys #zeebusiness
Infosys Dividend History | Here's a quick recap of Bengaluru-based INFY's dividend announcements in last five years
Top Gainers & Losers: In a largely subdued session, BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431 and NSE Nifty climbed 15.60 points or 0.09 per cent to finish at 17,828.
Infosys Q4 Results: The voluntary attrition rate for Infosys dropped to 20.9% from the 24.3% recorded at the end of the third quarter FY22.
Infosys Q4: The company reported a 7 per cent quarter-on-quarter (QoQ) decline in its consolidated net profit at Rs 6,128 crore while its revenue slipped 2.3 per cent QoQ to Rs 37,441 crore.
Infosys fourth quarter results will come today. How will be the results of Infosys in Q4? How many dollar earnings possible in Q4? How much will be the profit in the March quarter? Know in this video.
The cascading effect of Tata Consultancy Services’ muted March quarter earnings led the selling pressure in the IT index as the sector dipped more than 2 per cent at the market close today.
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