[ad_1] Shares of Indian IT companies, including Wipro Ltd., Infosys Ltd., and peers such as HCL Technologies Ltd., Tech Mahindra Ltd., and Tata Consultancy Services Ltd. (TCS), continued to trade lower during Friday’s session. The Nifty IT index was among the top sectoral losers, declining by as much as 2% in early trading. Mid-cap IT […]
Trump Reciprocal Tariffs: IT stocks Infosys, TCS, others to react after Nasdaq futures tank – CNBC TV18
[ad_1] Shares of India’s IT companies, Infosys Ltd., TCS Ltd., Wipro Ltd., among others could see a reaction on Thursday, April 3, after US President Donald Trump announced reciprocal tariffs across as many as 60 countries globally, which resulted in a sharp fall in US equity futures. Earlier in the day, futures on the Nasdaq […]
Top IT stock picks: Axis Capital sees value in these largecap and midcap names – CNBC TV18
[ad_1] Axis Capital sees strong opportunities in the information technology (IT) sector, identifying select largecap and midcap stocks that could perform well in the coming years. Wipro and Infosys lead its largecap preferences. Historically, Wipro has shown strong performance in specific market cycles, particularly in 2017 and 2021, noted Manik Taneja, Executive Director- IT Services […]
Explained — Why are Midcap IT shares like Coforge, Persistent under pressure – CNBC TV18
[ad_1] Shares of Midcap IT stocks like Coforge, Persistent Systems Ltd. and other peer stocks are under pressure on Friday, February 21, trading with losses of up to 5%. The stocks are trading with losses after global Midcap IT firm Endava cut its guidance for financial year 2025. It now expects revenue growth to be […]
Kotak recommends four IT stocks to pick for a balanced portfolio – CNBC TV18
[ad_1] The Indian IT sector is witnessing a gradual recovery, with growth prospects looking better for 2025-26 (FY26) compared to 2024-25 (FY25). However, normalisation of growth remains elusive. In this context, Kotak Institutional Equities recommends a balanced approach to IT investments, favouring established leaders like Infosys and Tata Consultancy Services (TCS), alongside challengers such as […]
Persistent Systems shares gain 5% after JPMorgan sees nearly 30% upside, buying opportunity – CNBC TV18
[ad_1] Persistent Systems shares snapped their six-day losing streak to gain nearly 5% on Tuesday, February 18 after JPMorgan’s positive commentary on the stock. Company Value Change %Change The brokerage has an ‘outperform’ rating on the shares of Persistent Systems shares with a target price of ₹7,200 per share, an upside of nearly 30% from […]
Dividend, Bonus, Stock Split Alert: Shares of IGL, Torrent Pharma, Coforge in focus this week – CNBC TV18
[ad_1] SUMMARY From Persistent Systems and Coforge announcing dividends to IGL’s bonus issue and Senco Gold’s stock split, these are some of the important corporate actions lined up for the week. 1 / 10 Multiple companies have announced dividends worth up to ₹50 per share post their December quarter results and the record dates for […]
Here is what triggered an 8% recovery from the lows in Mphasis and other Midcap IT shares – CNBC TV18
[ad_1] Shares of Mphasis Ltd. recovered as much as 8% from the lows of the day on Friday, January 23, after positive management commentary during its earnings call. The management said that the March quarter will be the best Q4 that the company has had over the last three years. Company Value Change %Change The […]
Infosys, TCS or Persistent Systems — These are the top Indian IT picks post Accenture results – CNBC TV18
[ad_1] Indian IT companies, Infosys Ltd., TCS Ltd., Wipro Ltd. and their peers will be in focus on Friday, December 20, after Accenture reported results for the first quarter of its fiscal year 2025 on Thursday. Company Value Change %Change Accenture shares ended 7% higher in response to the results. US-listed shares of Infosys and […]
Infosys, Wipro ADRs end with gains of up to 4% post Accenture results, can Indian IT replicate the move? – CNBC TV18
[ad_1] The US-listed shares (ADRs) of Infosys Ltd. and Wipro Ltd. ended with gains of up to 4% on Thursday after IT services firm Accenture reported results for their quarterly fiscal. Company Value Change %Change While the Infosys ADR ended with gains of 3.4%, the ADR of Wipro ended 2.3% higher. Shares of Accenture ended […]