Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...
HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
Trent's worst over after Rs 1.6 lakh crore shock? Why brokerages aren't convinced yetTrent Limited, once a stellar performer, has seen its stock plummet over 50% from its peak due to aggressive store expansion, particularly ...
IT earnings recovery not quite made to order, but seen on trackDespite strong order bookings, the BSE Infotech index has seen minimal gains, reflecting investor concerns over project execution delays sl...
IT Q3 earnings season begins on a strong note as TCS, HCL Tech top estimatesIT sector's Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a ...
Piramal Pharma among 5 stocks with very high PE ratioFive Nifty500 stocks show exceptionally high TTM P/E ratios, signaling rapid price growth. While reflecting investor optimism, such valuati...
Discretionary pickup may revive revenue growth for IT biggiesThe sample's revenue fell by 0.3% from the previous quarter to $20,207.5 million. In addition, the trailing 12-month (TTM) trend in revenue...
Coforge, Trent, PolicyBazaar among top 6 stocks in Nifty Midcap index which touched fresh 52-week highsSeveral stocks within the Nifty Midcap index reached new 52-week highs, indicating their potential for growth and generating enthusiasm amo...
Demystifying the P/E ratio: a guide for retail investorsThe P/E ratio is a widely used financial metric employed by both momentum and value investors to evaluate a company. The P/E ratio is deter...
Smartkarma Research: Tata Motors (TTM) to delist ADSs: Details & potential tradesAs the company mentioned, the number of Tata Motors ADR (TTM US) ADS outstanding has decreased over the last few years. At over 10% of shar...
HCL Tech closes CY17 on a strong note; the momentum is likely to continueThe company’s revenue grew by 3.1% sequentially to $ 1,988 million in the December quarter.
TCS, Infosys, Wipro and HCL Tech's revenue growth in December quarter lowest in 6 yearsThe top four Indian IT exporters reported a multi-year low yearon-year growth in the dollar denominated revenue on trailing 12-month (TTM) ...
Five reasons why Infosys will outshine TCSInfosys surprisingly retained the sequential business volume growth at 3% in the December 2015 quarter despite the seasonal weakness.
TCS: December quarter numbers, growth outlook hint at better days despite euro debt crisisIn the TTM to Dec 2011, TCS accounted for 65% or nearly two-third of the incremental revenue. The share of Infosys, on the other hand, fell...
- IT revival boosts Cognizant; gains biggest revenue since last 3 years
Cognizant has grabbed the market share of dollar denominated revenue among the top five Indian IT players in the last three years.
- SKP Securities recommends to “Avoid” NMDC FPO
SKP Securities has advised investors to “Avoid” the NMDC FPO as the valuation of the issue looks stretched compared to peers.
- Infotech enterprises acquires TTM
Infotech Enterprises, a global technology solutions provider, has entered into a definitive agreement to acquire California based TTM, an e...