Buoyed by Q1 show, Indian IT shrugs off IBM shockIndian technology stocks demonstrated resilience on Wednesday, defying IBM's significant overnight decline. Depressed valuations and positi...
Eye on AI push, IT midcaps rejig top leadershipSince late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operati...
Buy, Sell or Hold: HDFC Securities maintains buy on Mastek; Elara Capital recommends accumulate rating on IEXBrokerages show selective optimism for midcap IT, financials, and capital market stocks. HDFC Securities is positive on Mastek and Bank of ...
Buy on every dip; Ambareesh Baliga bets on steel, pharma & midcap IT amid market uncertaintyAmidst global market volatility driven by geopolitical tensions and rising commodity prices, veteran analyst Ambareesh Baliga is actively a...
Valuation comfort sparks fresh buying in IT stocksInformation technology stocks rebounded on Monday, with the NSE IT index jumping 2.3%, as investors deemed recent weakness excessive. Analy...
Mastek not looking at any staff reduction; attrition has reduced workforce: CEOThe company has seen a reduction in the overall staffing to 4,800 from 5,500 a year-ago due to attrition and has not replaced many of the r...
Stocks in news: Vodafone Idea, Vedanta, Hindalco Industries, Mastek, Aurobindo PharmaMarket witnessed volatility with marginal gains, while Vedanta, Adani Enterprises, and Dalmia Bharat Cement vie for Jaiprakash Associates. ...
Mastek Ltd launches ADOPT. AI for enterprise AI adoptionThe platform combines proprietary tools, AI-powered agents to streamline cloud transformations and boost productivity.
Exploring the Growth Potential of the IT Sector Amidst Global Trade AgreementsThe IT sector is poised for significant growth, driven by a landmark Free Trade Agreement between India and the UK. This article explores t...
IT industry to see 4-6% revenue growth in FY26; hiring to remain low: IcraThe agency projected attrition level to average 12-13% over the near term. Icra's sample set recorded a year-on-year revenue growth of 3.6%...
Long-term outlook good for IT services sector; Macquarie's Ravi Menon bullish on 5 large and midcap stocksRavi Menon from Macquarie expresses optimism for a strong run in the Indian IT sector, highlighting companies like TCS, HCL, Wipro, and LTI...
Tata Elxsi, IDFC First Bank, 7 more stocks cross 100-day SMASeveral major stocks made significant moves by surpassing their 100-day SMA, signaling potential changes in their stock trends.
Technical breakout: Cummins India, MCX, 6 other mid & small cap stocks cross 20-Day SMAOn September 21, several mid and small-cap stocks made notable moves by crossing their 20-Day SMA, signaling potential positive development...
Tata Steel, Lupin among 10 stocks with bearish RSIOn September 8, Friday, StockEdge reported that 27 stocks were trading in the overbought zone but had bearish or declining Relative Strengt...
Infosys, RIL and 10 other stocks cross 20-day SMAThe stock market witnessed several noteworthy stocks crossing their 20-day Simple Moving Averages (SMA), indicating strong market momentum ...
India to grab a larger slice of Apple’s pie; Rs 25,000-crore semicon scheme likely to get Cabinet nodTech giant Apple’s presence in India is increasing. The company launched its first two retail stores in Mumbai and New Delhi in April. Now,...
After the correction, what lies ahead for IT companies?Tier-3 being small companies, some of them like Birlasoft and Mastek are trading at a premium PE when compared with that of tier-2 companie...