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HCL Tech shares give Rs 59,000 crore shock in 3 days as stock down 15%. More pain ahead?HCL Tech shares have plunged sharply after weak Q4 earnings and subdued FY27 guidance, triggering multiple broker downgrades and target cut...- HCLTech CEO expects advanced AI services to soften revenue impactThe third largest service provider outperformed its peers, Tata Consultancy Services and Wipro on the count of revenue and profit in its fo...
- Tech Mahindra shares fall nearly 2% after Q4. Goldman Sachs, Motilal Oswal, other brokerages weigh inTech Mahindra shares slipped after reporting a 16% rise in quarterly profit, with revenue growth supporting sentiment despite cautious outl...
- IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
- Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...
- HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
- Infosys Q4 Preview: Can strong earnings offset concerns around AI?Infosys anticipates a subdued March quarter, with revenue growth slowing due to seasonal factors, though full-year targets remain achievabl...
- Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
- Indian IT still alive & kicking; companies need us to access AI gains: TCS CEO K KrithivasanDespite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, C...
- TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
- TCS declares Rs 31 per share final dividend, FY26 payout at Rs 39,571 croreTCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The...
- IT earnings recovery not quite made to order, but seen on trackDespite strong order bookings, the BSE Infotech index has seen minimal gains, reflecting investor concerns over project execution delays sl...
- Rise in contract value for top IT firms signals stronger deal pipelineIndia’s top IT firms showed mixed Q3 results, with Infosys, HCLTech and Tech Mahindra posting strong deal growth, signalling improving dema...
- Wipro Q3 results in line, return to growth path positive despite muted guidance: Sushovan NayakWipro’s Q3 results were largely in line, with 1.4% QoQ constant-currency growth and stable margins after wage-code impact. Management guide...
- High utilisation, new deal momentum to keep Persistent Systems on trackThe company's CFO Vinit Teredesai told ET that while clients were taking more time to roll out projects, there were so far no cancellations...
- Drop in renewal deals poses revenue challenge for top IT firmsDeal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making e...
- Persistent hints at strong order pipeline amid short term slowdownMid-tier IT company Persistent Systems has seen its stock decline by over 6% since its Q2 earnings were released on 20 July. Lower order bo...
- Good order book sees Persistent gain nearly 16% since Q3 resultsThe company reported a multi-quarter high order flow for the December quarter with total contract value (TCV) of $ 440.2 million compared w...
- Dip in tech deal value signals demand drop from Covid highsTCS reported a dip in April-June deal Total Contract Value (TCV) at $8.2 billion, down 27% sequentially and up just 1% on-year even though ...
- HCL Tech Q3 results: Consolidated profit falls 13.6% YoY; co declares dividend of Rs 10The company said its revenue from operations increased 15.7 per cent year-on-year (YoY) to Rs 22,331 crore from Rs 19,302 crore in the same...
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