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F&O Talk: Nifty slips below 20 & 50EMA. Sudeep Shah's tips to ride monthly expiry, trade 6 big weekly moversIndian equities experienced a broad-based sell-off, with Nifty and Sensex closing significantly lower. IT stocks led the decline, while pha...
Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020India’s Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance trigger...
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
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...
Mphasis Q2 net profit rises 10.8%, demand stable despite macro hurdlesMphasis reported a steady demand landscape even in the face of economic challenges, with companies leaning towards optimizing operations an...
Mphasis Q2 net profit rises 10.8% to Rs 469 crore; revenue rises to Rs 3,902 croreThe company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to...
Mphasis Q2 Results: Net profit up 11% YoY to Rs 469 crore; revenue rises to Rs 3,902 croreMphasis reported a 10.79% increase in net profit to Rs 469 crore for the July-September quarter, with revenue rising 10.34% to Rs 3,901.91 ...
Mphasis shares surge 5% as profit rises 8% YoY in Q1Mphasis shares: The profit after tax (PAT) amounted to ₹442 crore, slightly lower than the ₹446 crore recorded in Q4FY25.Revenue from opera...
Focusing on converting TCV to revenue; BFS and TMT led the revenue growth: Mphasis CEOMphasis revenue for the same period grew 3.3% quarter-on-quarter (QoQ) and 7.9% YoY to ₹3,536.1 crore. The Bengaluru-headquartered firm als...
Mphasis falls over 5% after Q2 resultsThe company's net profit rose 4.1% QoQ and 22.6% YoY to Rs 4,18.5 crore in Q2 FY23. The gross revenue grew 4.0% QoQ and 23.9% YoY on a repo...
Mphasis Q2 results: Net profit up 14% to Rs 341 croreRevenue from operations grew 17.8 per cent to Rs 2,869.2 crore in the reported quarter from Rs 2,435.4 crore in the year-ago period, it add...
Mphasis Q1 results: Net profit grows 23.4% to Rs 339 croreRevenue from operations grew 17.5 per cent to Rs 2,690.8 crore in the reported quarter from Rs 2,288.2 crore in the year-ago period, it add...
Buy Mphasis, target Rs 1,300: HDFC SecuritiesBuy MphasiS Ltd. at a price target of Rs 1300.
Mphasis Q2 net jumps 15% to Rs 185 croreNet sales for the quarter under review came in at Rs 1,557.46 crore, up 6.30 per cent from Rs 1,464.87 crore in the year-ago period.
- Morgan Stanley retains `Underweight’ rating on Mphasis
Morgan Stanley retains `Underweight’ rating on Mphasis as they believe revenue and earnings growth for Mphasis could lag market expectation...