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INFOSYS ADRS DECREASE
Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...- Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%Accenture's shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces c...
- Infosys, Wipro ADRs fall over 4% following Q2 earnings on ThursdayInfosys reported a 5% rise in Q2 net profit, reaching Rs 6,506 crore. Driven by strong performance and mega-deals, the company raised its F...
- Wipro ADRs jump 16% after Q3 results meet expectationsThe spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflec...
- Stocks to watch: SAIL, PBA Infrastructure, Hindalco, Opto Circuits, Tata MotorsOil prices slipped in Asian trade Friday as investors booked profits after a recent rally.
- Satyam, Wipro lose over $4 bn on US bourses in one weekSatyam saw its market valuation erode by a 2.7 bn for the week ended January 16 while market cap of Wipro tumbled as much as 1.5 bn. Funny ...
- Reckless rupee strangles ADR premiaAs the dollar faltered in the recent quarters and Indian economy continued its growth, one trend kept itself away from public glare: shrink...
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