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Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...- Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and othersNomura expects subdued near-term growth for Indian IT companies as macro uncertainty and weak tech spending weigh on demand ahead of Q1 ear...
- Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...
- Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...
- Coforge shares jump over 2% as firm eyes $5 billion revenue by FY30. Why Nomura, others see up to 50% upside?Coforge shares saw a rise after the company projected $5 billion in revenue by FY30. This ambitious target is fueled by strong organic grow...
- Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains w...
- Coforge shares surge 6%, rally 16% in three days post Q4 results. What's ahead for investors?Coforge shares saw a significant jump following robust Q4 financial results. The company reported a substantial surge in net profit and rev...
- Coforge shares soar 11% after Q4. Why Jefferies, Nomura, Motilal Oswal project up to 80% upside?Coforge share price surged 11% to Rs 1,295 after the IT firm reported strong Q4FY26 earnings. Net profit jumped 134% YoY to Rs 612.3 crore,...
- Persistent Systems shares shed over 4% after Q4 results: Here's what Nomura and other brokerages saidPersistent Systems shares fell up to 4% after Q4 results despite reporting strong earnings growth. Net profit rose nearly 34% YoY to Rs 529...
- Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?Coforge's stock took off following impressive quarterly performance. The IT services company enjoyed an 86% increase in net profit alongsid...
- IT stocks hit decade-high 3.2% dividend yield as FIIs flee. Should you buy TCS, Infosys, Wipro before Q1 results?Indian IT stocks are trading at a decade-high 3.2% dividend yield amid a sharp drop in FII holdings, setting up a possible contrarian bet a...
- Will downgrade-hit IT stocks weather the Q4 earnings storm? The test begins todayIndia's IT sector faces a tough Q4 earnings season, with large-cap stocks like TCS, Infosys, and HCL Tech expected to report subdued result...
- FIIs bet $1 billion on IT stocks before Q3 results. Does it signal a happy new year?Foreign institutional investors have significantly increased their investment in Indian IT stocks, anticipating improved revenue growth dri...
- Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?Coforge shares rose 14%, reaching a 52-week high after reporting a strong quarterly profit. Analysts maintain positive ratings, with target...
- Big IT expects growth momentum to continue in September quarterIndia’s software service providers will report their July-September quarter results in the coming week, and analysts expect them to be bett...
- Accenture effect! Infosys, Tech Mahindra, other IT stocks rally up to 4%Shares of Indian IT companies like Infosys, Wipro, and Tech Mahindra surged up to 4% after Accenture's strong Q4 results and increased reve...
- Nomura turns bullish on Indian IT sector, highlights Infosys, Coforge as top picksNomura bullish on Indian IT sector with top picks Infosys and Coforge, upgrades ratings for Wipro and HCL Technologies. Anticipates GenAI a...
- IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signalsIndian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong dema...
- IT stocks rally looks premature after Accenture's underwhelming guidance. Should you sell?Accenture reiterated its headline FY24 revenue growth guidance of 2-5% YoYcc but increased the inorganic contribution to more than 2% vs 2%...
- IT companies to announce Q2 results from next week: Top 5 predictions and stock picksHis analysis suggests the current slowdown to be an entire FY24 phenomenon rather than 1H and the impact possibly extending to FY25 discret...
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