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TECH MAHINDRA PROFIT GROWTH
Tech Mahindra announces 1:1 bonus issue, Rs 15 interim dividend; check record dateTech Mahindra announced a 1:1 bonus share issue and Rs 15 interim dividend as it celebrated its 40th anniversary. The company expects bonus...
Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issueTech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face val...
Rs 82,500 crore rally in 3 days: Why TCS, HCL Tech, other IT stocks jumped up to 12% in 3 days and will the boom last?Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector’s market capitalisation. The...
TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 p...
Fusion CX IPO opens for subscription; GMP at 12%. Should you bid or skip?Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum re...
Positive Breakout: These 10 stocks cross above their 200 DMAsAs long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an over...
Hardening bond yields to weigh on bank profits in September quarterFor the September quarter, Nifty 50 banks are forecasted to see an 11.5% rise in net interest income, yet net profits are expected to grow ...
Rule out V-shaped recovery, markets can fall more, says PL Capital with Nifty 12-month target at 27,589PL Capital remains cautious on the Nifty after its eight-week losing streak, ruling out a quick V-shaped recovery. The brokerage has trimme...
HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?HCL Technologies share price: HCL Tech shares rose after the IT services major reported a 21% YoY rise in Q2 FY27 net profit to Rs 5,132 cr...
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns ...
HCL Tech Q2 Results: Profit jumps 21% YoY to Rs 5,132 crore; co declares Rs 12/share dividendHCL Tech Q2 Results: HCL Tech reported a 21% year-on-year rise in Q2 FY27 net profit to Rs 5,132 crore, while revenue grew 12% to Rs 35,620...
HCL Tech shares rise 2% ahead of IT major’s Q2 earnings announcement today. What to expect?HCL Technologies shares rose ahead of the IT major’s Q2 FY27 results, with brokerages expecting around 12% year-on-year growth in net profi...
HCL Tech Q2 Preview: Will the IT major narrow its guidance? 5 things to watch out forHCL Tech is set to announce its September quarter results on October 12, with brokerages expecting 12% year-on-year profit growth and 16% r...
Poonawalla Fincorp Q2 profit soars five-fold YoY to Rs 375 crorePoonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The compa...
Poonawalla Fincorp Q2 profit surges fivefold as income risesPoonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest i...
India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins?IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect mod...
Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...