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ACCENTURE STOCK PERFORMANCE
Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...- Domestic cyclicals remain best bet in India, says Anish Tawakley amid global volatilityDespite global headwinds, India's economy is robust, with picking demand and spare capacity, according to DSP Mutual Fund's Anish Tawakley....
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
- IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
- TCS shares fall 2% after Q4 results. What Jefferies, Nomura and 3 other brokerages are sayingDespite a 12% year-on-year rise in net profit to Rs 13,718 crore and a 10% revenue increase to Rs 70,698 crore, TCS shares fell 2%. The IT ...
- Ditch the Accenture Prism. TCS, Infy good bets as FIIs resume shoppingAccenture’s read-through for Indian IT appears rather overdone, as several pain points applicable to the outsourcing leader don’t even conc...
- Accenture Q1 Results: Co posts $17.7 billion in revenue, beats estimatesAccenture surpassed first-quarter revenue expectations, driven by increased demand for AI integration services. New bookings reached $18.7 ...
- IT stocks gain in lacklustre trade; here's whyAt the same time, analysts at JM Financial said that one should be wary of extrapolating Accenture's results to Indian IT players as this m...
- Accenture's guidance upgrade hints at strong growth for IT firms in FY23While the BSE Sensex was down over 250 points in early trade on Friday, Infosys, HCL Tech, TCS and Tech Mahindra gained up to 3 per cent an...
- Will IT firms deliver strong growth in Q2? Accenture results offer cuesAnalysts largely expect IT stocks to sustain the current high PE multiples going ahead. They like stocks such as Infosys, HCL Tech and Tech...
- Market Movers: Metal pack burdened by China; reopen trades see profit-bookingThe Nifty Metal index closed nearly 2 per cent lower, the worst sectoral performer on the National Stock Exchange, after several prominent ...
- Market movers: Can Dolly Khanna change the fortunes of this Rs 145 cr company?Despite Reliance ending in the red, benchmark indices closed with gains thanks largely to banking and financial stocks that did most of the...
- Accenture Q3 suggests Indian IT firms may surprise D-St in Q1 earnings seasonAccenture, whose performance and revenue guidance is typically seen as a barometer for the performance of Indian technology companies, repo...
- TCS hits 52-wk high on opening day of share buybackIndia’s largest IT services provider by revenue will buy back about 53 million equity shares, representing 1.42% of its total issued and pa...
- Accenture guidance cut signals hard times ahead for India ITIndian IT exporters generate substantial portion of their revenue from the US and European markets.
- Accenture’s strong quarterly performance indicates better demand scenario for Indian IT packTata Consulting Services (TCS), Infosys, Wipro, earn over two-third revenue from the US market, making it the biggest source of revenue.
- Long-term story for IT stocks like TCS, HCL Tech, Infosys remains good, but be cautious: Rajat RajgarhiaWhile these stocks have corrected 10-15% from their highs, stock like TCS, HCL Tech, Cognisant, etc. have multiplied in the last three-four...
- Top four stocks which can beat headwinds in IT sectorSome of the players such as TCS, HCL Tech, Tech Mahindra and Infosys, due to their superior fundamentals, may continue to gain investor int...
- Raymond set to improve its supply chain managementRaymond recently gave a presentation to its investors on supply chain management highlighting the importance of supply chain management.
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