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Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...- IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
- IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- Cost pressures part of normal market evolution, says LTM CEOLTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emph...
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Forex math: Why weak rupee could be biggest growth driver for IT stocks this Q4 result seasonIndia's IT stocks are finding an unexpected boost from a weaker rupee, which analysts predict will cushion margins this Q4 results season. ...
- Mindtree beats estimates with 27.5% profit growth in Q2Revenue for the July-September quarter grew 31.4%, ahead of estimates, to Rs 3,400 crore. Analysts had forecast revenue growth in the range...
- MindTree zooms 3% on robust Q4 earningsMindTree’s counter rose to a high of Rs 4,080 as against Rs 3960.80 at previous close on the BSE.
- Mindtree's margin story remains intact: Debashis Chatterjee, CEO"In terms of profits, our PAT has been fairly stable although the EBITDA has gone down slightly. We have been able to manage the PAT becaus...
- Mindtree shares jump over 9%; at 52-wk high after Q1 earningsThe Bengaluru-based company, which has registered a net profit of Rs 213 crore in the June 2020 quarter, said it is witnessing broad-based ...
- Mindtree net profit up 61%Mindtree won orders worth over $504 million in the April-June period, the highest ever in a three-month period for the Bengaluru-based comp...
- Mindtree Q1 net up 41.4% to Rs 92.7 cr, confident of growing higher than industry in FY20Mindtree's revenues rose 11.9% to Rs 1,834.2 cr in Q1 as compared with Rs 1,639.5 cr in the FY19.
- IT firm Mindtree at $1B revenue mark, to pay Rs 430 crore in dividendsMindtree said the special dividend payout would cost it about Rs 320 crore, excluding dividend distribution tax, while the remaining divide...
- Is Team Mindtree coming to terms with L&T reality? What can happen nowOn its part, L&T has ruled out a merger, but that’s only “for the time being”.
- Mindtree to expand digital sales team, deepen India focusMindtree is looking to boost the number of salespeople in its digital sales team and bring increased focus on India and Asia-Pacific as it ...
- Mindtree revenue rises 3% QoQThe growth was primarily due to strong performance across verticals and recovery of their acquired entity Bluefin solutions in Europe.
- Mindtree’s revenue growth falls 3 % in Q2The company said revenue for the third quarter is likely to be subdued.
- Mindtree lowers outlook, profit rises 33 per centInformation technology services company Mindtree has lowered its revenue growth guidance to below 11% for the current financial year.
- MindTree profit more than doubles, revenue up 10.5%For the first time in its history, the company clocked revenues of $ 100 million in a single quarter.
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