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COFORGE EARNINGS FORECAST
Ahead of Market: 10 things that will decide stock market action on ThursdayDomestic equities surged as crude oil slipped below $100 and US-India trade optimism boosted sentiment. Nifty and Sensex gained over 1%, le...
Coforge adds half a billion USD in market value on upbeat outlook markets stocks newsCoforge shares saw a significant jump on Wednesday, adding over $500 million in market value. The IT firm's strong earnings forecast for fi...
Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet JainIndian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI p...
Price targets, ratings of big IT companies cut on 'downside risks'Jefferies has downgraded several major Indian IT stocks, including Infosys and TCS, citing AI-related disruptions and greater downside risk...
India’s new labour codes could wipe out up to a fifth of IT profits, Jefferies warnsJefferies warns India’s IT sector faces a sharp earnings hit from new labour codes, with December-quarter profits potentially falling 10–20...
IT sector stabilising; Motilal Oswal sees 16–33% upside in HCL Tech, CoforgeIndia’s IT services sector showed stabilisation in Q2, with improved execution, resilient margins, and supportive currency effects. AI adop...
Indian IT faces flat Q2 amid sluggish global tech spendingWhile the weakening rupee could cushion margins after a soft first quarter, at least three analyst reports warned that discretionary IT spe...
Moody’s US downgrade, a fresh jolt for IT stocks after stellar 30% rally – buy or avoid?Moody's downgrade of the US credit rating has sparked concerns for Indian IT stocks, heavily reliant on US revenue. While the sector experi...
IT stocks rise as bears cover shorts, with a new outlookThe Nifty IT index shot up 4.3% - posting its biggest single-day gain in 10 months. HCL surged 7.74%, followed by Coforge, Oracle Financial...
Motilal Oswal expects Nifty to grow 2% in Q4, identifies 20 conviction ideasMotilal Oswal projects muted Q4FY25 earnings, with just 2% YoY growth for the Nifty 50, citing sectoral drags from Oil & Gas, Cement, and R...
Stable largecaps or high-growth tier-2 bets? Investors' IT stock conundrum at playInvestors in IT stocks face a choice between stability and growth potential amid domestic equity market uncertainty. Tier-1 IT stocks have ...
Trump tantrums and client rethinks likely to slow IT recoveryIndia’s $280 billion IT services sector faces delays in recovery due to economic uncertainties, client budget cuts, and deal pauses. Analys...
TCS, Infosys, other IT stocks fall 2% after Nasdaq plunge, Citi's cautionIndia's IT sector experienced nearly a 2% decline, influenced by a significant drop in U.S. technology stocks. All major Indian IT companie...
Big IT expects growth momentum to continue in September quarterIndia’s software service providers will report their July-September quarter results in the coming week, and analysts expect them to be bett...
Coforge Q1 Results: Net profit rises 10.4% to Rs 165 croreCoforge, the Indian IT service firm, announced a Q1 profit of $20m, up 10.4% YoY, which it said was due to increased orders. Revenue rose a...
TCS, HCL Tech to kick-off Q1 earnings season on July 12; Infosys results on July 20Indian IT companies, including TCS, HCL Technologies, and Infosys, are set to release their earnings for the first quarter of 2023. Despite...
TCS could announce a share buyback along with Q1 resultsTata Consultancy Services (TCS), an IT major, is expected to announce a share buyback proposal along with its quarterly results, according ...