Fri, Dec 20, 2024
Accenture's Q1 revenue soared 7.8 per cent sequentially to $17.69 billion as against analysts estimates of $17.12 billion. Furthermore, the consulting services major staged good performance across all markets as well as industries.
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Sun, Dec 15, 2024
Domestic equity benchmarks have logged weekly gains driven by IT and consumer durable stocks. Bajaj Finance, Shriram Finance, Wipro, Infosys and Tata Steel, rising between 2.5 per cent and 4.0 per cent, have strengthened the most among the gainers in the Nifty 50 basket. On the other hand, HUL, Tata Consumer, Reliance, NTPC and Cipla are the worst hit among the 33 losers in the 50-scrip pack. Here are a few important things to track on Dalal Street in the trading week starting December 16.
Tue, Dec 03, 2024
Wipro Share Price, Wipro Bonus Stock News: Wipro shares inched lower on December 3, trading ex-bonus. The stock dropped to as low as Rs 290.3 apiece on BSE. Earlier, the Bengaluru-based IT major declared a 1:1 bonus.
Tue, Nov 26, 2024
IT stocks shone in a volatile session today as the investors await the key Fed minutes.
Mon, Nov 18, 2024
Amid a likely higher interest rate and cut in Federal spending, IT stocks took a plunge in Monday's trade.
Wed, Oct 23, 2024
Nifty IT in trade on October 23 zoomed over 3 per cent, with Persistent Systems and Coforge leading the pack after phenomenal Q2 earnings.
Midcap IT major Persistent Systems after posting better-than-expected Q2 earnings rallied to all-time high in Wednesday's session.
Fri, Aug 16, 2024
Nifty IT shined in trade on Friday as the latest US data bolstered hopes of a recovery in the spending in the tech.
Thu, Jul 18, 2024
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.
Infosys Q1 FY25 Results Preview: Analysts keenly await Bengaluru-based Infosys - the country's second largest IT firm - to report its financial results for the April-June period (Q1 FY25) on Thursday, July 18.
Mon, Jul 15, 2024
Propelled by decent Q1 earnings show by TCS and improving outlook for the US BFSI segment, the Nifty IT index clocked a new peak in today's trade.
Fri, Jul 12, 2024
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.
Wed, Jun 12, 2024
Amid valuation comfort, analysts remain positive on the overall IT pack. Independent market analyst Baliga recommends buying HCL Tech and Infosys.
Fri, Jun 07, 2024
Amid buoyancy in the US-stocks which are more convered towards tech companies, Indian IT stocks are witnessing the ripple effect logging decent single-digit return.
Sat, Apr 27, 2024
HCLTech Q4 FY24 Results: HCLTech reported an 8.4 per cent fall in consolidated net profit to Rs 3,986 crore for the fourth and final quarter of the financial year 2023-24. HCLTech declared a dividend of Rs 18 per share with a record date of May 7.
Wed, Apr 24, 2024
Tech Mahindra (TECHM) Q4 FY24 Results Preview: Pune-headquartered Tech Mahindra is likely to clock a more than 35 per cent sequential jump in net profit to Rs 690 crore for the January-March period, according to Zee Business research. The IT firm, whose stock has gained 19 per cent in a year, is scheduled to report its financial results for the quarter as well as the year ended March 31 on Thursday, April 25.
LTIMindtree Q4 FY24 Results: LTIMindtree reported a 5.9 per cent sequential fall in consolidated net profit to Rs 1,099.9 crore for the January-March period, missing analysts' expectations.
LTIMindtree Q4 FY24 Results Preview: LTIMindtree is expected to register a 1.6 per cent quarter-on-quarter decline in consolidated net profit to Rs 1,150 crore for the January-March period, according to Zee Business research. The Mumbai-headquartered IT company is scheduled to report its financial results on Wednesday, April 24.
Mon, Apr 22, 2024
Persistent Systems share price, Persistent Systems Q4 FY24 results: Persistent Systems shares suffered heavy losses on Monday after the IT firm reported a disappointing set of financial results on the operational front for the final three months of FY24.
Thu, Apr 18, 2024
Infosys shares log mild gains ahead of Q4 results today; here's what to expect
Fri, Jan 12, 2024
Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.
IT stocks rally: Stocks like Infosys, Coforge, Persistent Systems, L&T Technology Services, and HCL Technologies are poised for the next leg of upside, with a move of 10 per cent that cannot be ruled out, the expert noted.
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