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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...
- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Ceasefire calm or chaos? 50 stocks that brokerages expect to rally after Iran truceA two-week US-Iran ceasefire has sparked a relief rally in Indian equities, though its sustainability is questioned as oil prices rebound. ...
- 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...
- H-1B fallout likely to be modest, add largecap IT on weaknessBrokerages anticipate a limited impact on Indian IT companies' earnings due to Donald Trump's $100,000 H-1B levy. They expect increased off...
- 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...
- 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 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...
- Baring PE sells 9.8% in Coforge, raises Rs 2,430 crAs on December 2022, Baring Private Equity held a 39.99% stake in the company through its firm HULST BV. The private equity firm acquired a...
- Promoter Baring PE offloads 9.8% stake in Coforge for Rs 2,430 croreHulst B V sold 60,00,000 shares of Coforge at Rs 4,050 apiece through a bulk deal on the National Stock Exchange. This is a sharp discount ...
- BSE-BSE bulk deal: Coforge promoter dumps 60 lakh shares; stock tanks 7%These deals happened at prices in the range of Rs 4,260-4,275. Shares of the company plunged about 7 per cent earlier in the day.
- NSE-BSE bulk deals: Barring Private Equity sells 5.5% stake in CoforgeIn another transaction, Nomura India Mother Fund bought 350,000 shares of Coforge at Rs. 4,710 apiece through a bulk deal on the NSE.
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