Mon, Nov 18, 2024
Amid a likely higher interest rate and cut in Federal spending, IT stocks took a plunge in Monday's trade.
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Wed, Nov 06, 2024
With Donald Trump's win likely priced in, the downside in IT stocks is not anticipated on the back of Q2 earnings.
Wed, Oct 23, 2024
The company's EBITDA margin for the quarter improved to 15.8 per cent, and cash flow from operations totalled 10.9 million dollars.
Fri, Oct 18, 2024
As the communication business of the company has largely turned steady, recovery at Tech Mahindra is likely to take longer.
Tue, Oct 15, 2024
LTTS Q2 FY25 Results Preview: LTTS is estimated to register an 8.7 per cent sequential increase in its net profit to Rs 341 crore for the July-September period, according to Zee Business research.
Mon, Oct 14, 2024
HCLTech Q2 FY25 Results: Noida-headquartered HCLTech reported its financial results for the July-September period on Monday, October 14. The IT consulting firm registered a 2.9 per cent quarter-on-quarter increase in revenue to Rs 28,862 crore for the second quarter of the current financial year. Read on to learn more about the IT major's Q2 FY25 results.
Fri, Sep 27, 2024
How was Accenture's performance in Q4: Why did Accenture give strong guidance? How will be the way forward for IT stocks? Q2FY25 results of IT companies, know the complete details in this video.
Mon, Sep 23, 2024
Amid concerns still facing the IT industry, stocks in the pack continued their decline.
Wed, Sep 18, 2024
Why pressure in IT shares? Due to which news the selling of IT shares? Accenture shares fell by about 5%. Know complete details in this video.
Mon, Sep 09, 2024
Even as the spending momentum seems to have picked up in the space, Hong Kong-based brokerage cautions on its valuations.
Wed, Aug 21, 2024
The stock recommendation list includes Persistent Systems, HG Infra Engineering, and GR Infra.
Wed, Aug 07, 2024
Stable signals from global markets. Rebound in US after 3 days of heavy fall. Dow closed up 300 points. Dow closed 450 points below the day's high. Buying 1% on the Nasdaq, S&P 500 and Russell 2000. VIX fell 28%. Buying action in all 11 sectors. Good buy in Meta, NVIDIA and other IT stocks.
Fri, Jul 19, 2024
Soft signals from global markets. Dow falls after setting new records. Dow broke its 6-day rally, fell 530 points yesterday. Fall of 700 points from the day's high. Nasdaq and S&P 500 declined 0.7%. VIX jumps 10% to 3-month high. Small cap stocks took a beating, Russell 2000 fell 1.8%. Selling pressure on 10 out of 11 sectors. Selling continues in big IT stocks. Netflix's results were good but guidance disappointed. Buying from lower levels in semiconductor stocks.
Thu, Jul 18, 2024
Larsen & Toubro Technology Services (LTTS) Q1 FY25 Results: Larsen & Toubro Technology Services (LTTS) - a Vadodara-headquartered engineering services company - reported a 0.8 per cent year-on-year increase in its consoldiated net profit to Rs 313.6 crore for the quarter ended June 30.
Infosys Q1 FY25 Results Review: Bengaluru-headquartered Infosys - India's second largest IT company after Tata Consultancy Services (TCS) - staged a better-than-expected financial performance for the first three months of the financial year (Q1 FY25). Here are key takeaways from the IT giant's Q1 earnings report.
Tue, Jul 16, 2024
Analysts at Axis Securities expect the IT firm's margin to be supported by improved cost optimisation.
Fri, Jul 12, 2024
Which IT stocks still have a buying opportunity? Is Bank Nifty's weakness over? Know from Anil Singhvi...
Who will take IT stocks higher? Will the market trade both ways? At what level should profit booking be done? Know from Anil Singhvi.
TCS Q1 FY25 Review, Tata Consultancy Services Share Market News: Here's a summary of how analysts and other experts are viewing the Tata group IT major after its stunning quarterly performance.
Thu, Jul 11, 2024
Will Nifty move out of the range? Buying continues in Mid-Smallcap stocks? What to do about TCS and IT stocks ahead of results?
Tue, Jul 02, 2024
Global brokerages have revised their stance on select information technology (IT) stocks. The list includes names such as Wipro, Infosys, TCS, and others. Here is a revised list of IT stocks by the brokerages.
Fri, Jun 21, 2024
Accenture's guidance for FY24 reduced less than expected, how positive? What indicates the good growth of Accenture in the era of AI? How much rise is expected in IT index today? Good times for midcap IT, midcap pharma? Know Anil Singhvi's opinion on IT sector.
As Accenture is considered as a benchmark for the Indian IT industry, its reduced revenue growth guidance for the full FY 2024 will weigh on Indian stocks today.
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