Tech Mahindra slips nearly 6% as Q1 profit, margin miss Street estimatesTech Mahindra recouped some of the morning losses but was still trading 3.9 per cent lower at Rs 2066. It hit a low of Rs 2026.55 and a hig...
01 Aug, 2014, 10.01 AM IST
TCS, HCL Tech show how growth is taking precedence over high margins as Infosys & Wipro lagTCS & HCL continued to invest profits in business expansion, which helped them take advantage of the demand pick-up in BFSI after the globa...
25 Oct, 2013, 11.05 AM IST
Idea Cellular in red after Q2 resultsIdea Cellular’s consolidated revenues declined to Rs 6,323 cr, down 3% QoQ, while net profit came in at Rs 448 cr, down 3%.
25 Oct, 2013, 10.40 AM IST
Wipro PAT meets expectations: What experts sayWipro, India's third-largest software exporter, reported a profit after tax (PAT) of Rs 1,932.1 crore for the second quarter of the financi...
22 Oct, 2013, 04.56 PM IST
Can NRN magic help Infosys reclaim bellwether tag from TCS?Surely, the NRN factor has helped the company gain investor confidence. The stock has rallied about Rs 1,000 since July this year.
13 Oct, 2013, 01.41 PM IST
Expect TCS margins to improve further: Ankita Somani, Angel Broking"I expect the TCS management to remain bullish as they have always been. I am sure the steady revenue growth which is coming as of now will...
18 Jul, 2013, 06.36 PM IST
Expect TCS and HCL Tech to continue to do well: Ankita Somani, Angel Broking"Definitely the numbers of Infy were quite encouraging, but the company has been giving volatile results since the last three to four quart...
15 Jul, 2013, 12.25 PM IST
Good investment opportunities in IT if global economy recovers: ExpertsShares of information technology companies underperformed the broad markets in the month ended April 26 but has all been lost?
27 Apr, 2013, 09.52 PM IST
Expect Wipro to improve margins going ahead: Ankita Somani, Angel BrokingThe company is taking longer than expected time to come out with the results of the restructuring that they did. I expect at least a six-mo...
19 Apr, 2013, 12.06 PM IST
- Technology funds outperform in January - March 2013
Tech funds universe has given a return of 13.57% in the quarter ending March 31, outperforming the S&P BSE Sensex which lost 3.13% during t...
02 Apr, 2013, 09.39 PM IST
HCL Tech rallies 7% post stellar Q2 results; hits 12-year highHCL Tech surged nearly 7 per cent to hit its 12-year high after the company reported better-than-expected second quarter results.
17 Jan, 2013, 10.55 AM IST
- HCL Tech Q2 earnings is a big surprise; deal pipeline looks strong: Ankita Somani, Angel Broking
"HCL Tech has again surprised positively. We were expecting HCL to grow by 3%, but they have grown by 3.6%", Ankita Somani said.
17 Jan, 2013, 10.15 AM IST
Analysts peg IT firms’ revenue growth at 2-3% for the quarter ended December 31While TCS is expected to lead the pack of tier-I firms in terms of revenue growth, Mahindra Satyam is expected to post highest growth in mi...
04 Jan, 2013, 11.00 AM IST
Hexaware stock loses 14% in three sessions; should you make fresh investments in the counter?The stock is under selling pressure as investors have turned cautious about the company's ability to sustain.
11 Dec, 2012, 09.52 PM IST
Don’t see pricing as much of a problem for IT cos in Q3: Ankita Somani, Angel BrokingPricing has been stable for most of the mid-tier IT cos. I don't see pricing as much of a problem for IT cos in Q3, says Ankita Somani.
07 Dec, 2012, 02.39 PM IST
TCS Q2 earnings: Analysts' viewsTCS reported yet another healthy quarterly result. The most remarkable thing was 5 per cent QoQ volume growth.
19 Oct, 2012, 07.56 PM IST
- MphasiS shares jump 4% on rise in quarterly profit
Shares of IT and BPO services firm MphasiS today gained 4% after the company posted higher-than-expected jump in net profit for the quarter...
30 Aug, 2012, 05.50 PM IST