JP Morgan raises price targets on telecom CosJP Morgan has raised price targets for Indian telecom stocks, predicting an 8-38% upside by December 2025. The brokerage upgraded Vodafone ...
12 Oct, 2024, 09.47 AM IST
For IT, FY25 may turn out to be almost a déjà vu of FY24: Ankur Rudra, JP MorganAnkur Rudra says FY25 is turning out to be almost a déjà vu of FY24. We will barely see any improvement across the sector. Last year, growt...
11 Jul, 2024, 12.55 PM IST
Indian IT firms set for "washout" year, focus now on 2025 - J.P.MorganAll major IT firms, including Infosys, TCS, Wipro and HCLTech, have previously warned that clients, the majority of which are U.S.-based, h...
05 Oct, 2023, 04.52 PM IST
IT largecaps may be heading back to long-term trend line growth of 7-9%: Ankur Rudra, JP MorganIndia's large IT companies are heading back to the long-term trend line growth of 7-9%, according to Ankur Rudra, Head of APAC Telecoms & I...
21 Apr, 2023, 09.05 AM IST
JP Morgan, BofA Securities downgrade Airtel ratings, shares fallThe brokerage said one round of tariff hikes has already been factored in and there is a risk of further increases being postponed until af...
12 Jan, 2023, 05.56 AM IST
JP Morgan bearish on IT, asks investors to sell into the rallyValuations significantly above LT (Long Term) averages," said JP Morgan's analysts. "NSE IT (index)has underperformed the Nifty by 25% YTD ...
24 Aug, 2022, 06.47 AM IST
Healthy outlook from US banks is good news for Indian ITUS banks, including Citibank, JP Morgan, Goldman Sachs, Wells Fargo and Bank of America have said they would continue to invest in technolo...
03 Mar, 2020, 07.56 AM IST
Infosys exits begin to worry investors; analysts fear exodus will impact biz developmentAs many as 10 top management executives have resigned from Infosys since the Bangalore-based company called Murthy back from retirement.
22 Mar, 2014, 01.10 PM IST
IT industry's revenue target of $300 billion by 2020 over-ambitious, say analystsIT’s ambition to hit $300 bn in revenue by 2020 could be over-ambitious, analysts believe as for one it entail an average growth rate, Nass...
15 Feb, 2014, 11.33 AM IST
Difficult for IT sector to hit $300 billion in revenues by 2020: AnalystsThe core of the business is unlikely to look the same in the next seven years, and a focus on intellectual property could be the key to suc...
14 Feb, 2014, 12.04 PM IST
TCS profit likely to surge 45% in third quarterAnalysts expect Mumbai-based IT major TCS to report over 3.5% sequential growth in sales despite a weak season due to holidays and furlough...
15 Jan, 2014, 09.11 AM IST
Tech Mahindra likely to see 3% growth in salesTech Mahindra is expected to post about 3% sequential growth in sales during the July-September period aided by revenues from Satyam.
07 Nov, 2013, 04.14 AM IST
TCS likely to post strong growth: Beyond nos, investors eye immigration impactAnalysts expect sales to grow between 3% and 4% for the Mumbai-based company that has been one of the best performers in the industry.
17 Jul, 2013, 09.28 AM IST
Infosys’ Q1 performance reveals signs of growthInfosys Q1 financial performance displayed several signs of hope for stakeholders watching for the return of sustainable growth.
12 Jul, 2013, 11.18 AM IST
Infosys appoints Narayana Murthy as Executive Chairman: Industry experts cheer moveWhile Kiran Mazumdar Shaw and Som Mittal have applauded the decision, analysts see it as a turning point for Infosys.
01 Jun, 2013, 06.59 PM IST
HCL Tech is only buying opportunity in large cap IT sector: Ankur Rudra, Ambit Capital"HCL Technologies has delivered continued strength in its infrastructure business, which has grown at 9% sequentially on the back of very s...
19 Apr, 2013, 12.55 PM IST
- Cognizant soars in US market
Cognizant’s revenues grew 45% year-on-year to $1.31 billion. Correspondingly, Infosys grew 28.7% to $1.56 billion and Wipro grew 19% to $1....
09 Mar, 2011, 10.25 AM IST