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INFOSYS ADR FALL
Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...
Wipro, Infosys ADRs plunge up to 6% after TCS Q1 earnings announcementWipro and Infosys ADRs declined over 6% and 4% respectively after TCS Q1FY26 results. Despite beating profit estimates, TCS flagged macroec...
Infosys, Wipro, and other IT stocks drop up to 3% after Accenture Q3 resultsIndian IT stocks, including Infosys, Wipro, and TCS, experienced a decline following Accenture's Q3 results, despite the latter exceeding r...
Infosys, Wipro ADRs surge up to 3% as Wall Street major indices discount Israel-Iran tensionsWall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global ...
Infosys ADRs plunge over 6% post Q3 earnings despite upward revenue guidanceInfosys ADRs: Infosys ADRs dropped 6.3%, despite reporting higher than estimated profit and revenue. The company revised its revenue guidan...
TCS, Infosys, Wipro and other IT stocks in focus after Accenture's Q1 revenue beat and upgraded guidanceAccenture's strong Q1 earnings, driven by AI demand, boosted Indian IT stocks like Infosys and Wipro in US markets. Despite earlier losses ...
Infosys, Wipro ADRs jump 3% on Accenture's Q1 revenue beat, guidanceInfosys and Wipro ADRs surged nearly 3% after Accenture's strong Q1 earnings beat. Accenture's revenue growth was driven by increased deman...
ADRs of Wipro, Infosys slump as Accenture cuts guidance on clouded outlookThe IT industry has been grappling with sluggish demand for software and consulting services as high interest rates discouraged enterprises...
Wipro ADRs jump 16% after Q3 results meet expectationsThe spillover of positive sentiments around Indian IT stocks, after decent third-quarter results by peers Infosys and TCS, is likely reflec...
Infosys, Wipro ADRs slump on NYSE as Accenture offers bleak growth outlookAccenture, which released its earnings for the three months ended August, guided a meagre 2-5% growth in annual revenue in the backdrop of ...
Why Infosys shares plunged 6% after Q4 nos, share buybackAnalysts believe the Rs 9,200 crore share buyback announced by the IT major should protect the downside for the stock.
Infosys ADR jumps more than 4% post Q3 resultsInfosys posted 23.49 per cent year-on-year rise in profit at Rs 4,457 crore for Q3FY20.
HDFC Bank beats Infosys as third most valued firmIn the previous session, the market value of Infosys stood at Rs 2.63 lakh crore against HDFC Bank’s Rs 2.62 lakh crore.
Infosys the sole gainer in 2016 as all Nifty constituents lose 0.8-29.3%Infosys showed relatively better momentum in client addition in the December 2015 quarter. It also increased constant currency revenue grow...
- In 3 days, investors lose nearly $12 bn in US-listed shares
Indian stocks listed on US bourses saw their value erode by nearly $12 billion in the first three days of this week and the country's leadi...
- Indian IT no more bellwether abroad
Global perception about investing in Indian IT stocks is undergoing a change with top IT companies witnessing a decline in market capitalis...
- Rising Re pulls down stocks of US-listed Indian IT, BPO cos
Indian BPO and IT stocks listed on the US bourses have taken a beating since the rupee hit a high last week against the dollar.