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LTTS STOCK UPDATE
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- PSU banks & financiers to benefit from govt capex; bullish on 6 IT stocks: Chakri LokapriyaIndian IT firms are poised for growth. US tax cuts will fuel spending, benefiting companies like Infosys and TCS. Cloud computing will see ...
- Why IT looks safer & more defensive compared to other segments? Amnish Aggarwal explainsIndian markets are witnessing mixed trends. IT remains a defensive bet amid global uncertainties, while PSU banks face challenges. Railways...
- LTTS shares jump 4.5% following $110 million AI-focused acquisitionThe acquisition aims to strengthen LTTS's AI and software capabilities within its digital engineering suite for global clients, enhancing s...
- Market Wrap: Nifty hits record closing high, Sensex closes in on peak as IT stock gains extend D-Street rallyBenchmark equity index Nifty50 hit a record peak of 25,129.6 on Wednesday, slightly closing higher than the previous day, driven by gains i...
- Could IT make a meaningful comeback in Q1? Deven Choksey explainsDeven Choksey highlights the importance of sticking with larger banks for business growth and emphasizes the positive outlook for IT compan...
- Q4 results: How LTTS, Cyient, Zensar Technologies and Laurus Labs fared in March quarterLTTS reported 8% YoY growth in net profit at Rs 1,304 crore while the standalone revenue stood at Rs 9,647 crore, up by 9%.
- Sanjiv Bhasin on 3 standout winners for January, this quarter and 2024Sanjiv Bhasin says: “We think Wipro is going to be a key outperformer in the sense that a large part of the domestic government contracts a...
- Mamaearth parent Honasa’s IPO at a crossroads, and other top tech, startup stories this weekThis week the much-awaited initial public offering (IPO) of omnichannel retailer Honasa Consumer Ltd, the parent of beauty and personal car...
- IRFC, HCL Technologies among 10 overbought stocks with RSI above 70On September 14, Thursday, StockEdge identified over 40 stocks in the overbought zone, and ETMarkets selected 10 of them for a closer look,...
- ITI, IRFC among 10 overbought stocks with RSI trending above 70This article examines why 10 stocks are trading in the overbought zone and why it's essential to assess stock movements based on RSI. Join ...
- Can Varun Beverages prove to be the next Bajaj Finance or Tata Elxsi for Hiren Ved?“One has to be invested and have the conviction to stay invested in those companies. If you ask me where I see opportunities, in my view, t...
- IT stocks hit by recession fears: Is it all gloom & doom after boom?“A sharp downgrade of growth estimates by the US Fed cannot be bullish for Indian technology companies. Demand has to moderate. Be careful ...
- Don’t chase the momentum, stick to Infosys, HCL Tech in IT: Hemang Jani“Focus on tier-1 IT companies given their relative valuation attractiveness and tendency to narrow down the valuation differential over tim...
- Market Movers: Burger King hits lower circuit for second straight day; midcaps, smallcaps underperformThe benchmark equity indices extended their gains for the sixth straight session following gains in Infosys, ICICI Bank, Reliance Industrie...
- Mapping the market: L&T Tech has poor debut, RJ touch lifts Adlabs, Morepen gainsThe Sensex posted triple-digit loss to end at 28,668, down 0.36 per cent. The Nifty50 could not anchor the 8,850 level well, settling the w...
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