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WIPRO DOWNGRADE
The Q1 verdict: Can TCS, Infosys, other IT results stop a Rs 17 lakh crore AI-led rout?India's top IT firms like TCS and Infosys face a crucial earnings season after a massive Rs 17 lakh crore market value erosion. Analysts an...- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks boosted sentiment. Sensex gained ne...
- Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
- KPIT outlook shock sends IT stocks sliding as growth worries intensifyMid-cap IT stocks faced a significant downturn Wednesday, led by KPIT Technologies' warning of a near-term revenue slowdown. This has ampli...
- 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 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
- JPMorgan turns cautious on IT, sees growth headwinds aheadJPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic h...
- Bengaluru techie after quitting Rs 2.5 lakhs per month corporate job, now does odd jobs and travels: ‘Income has dropped but life is meaningful’Apeksha Jain traded a Rs 2.5 lakh monthly salary for a life of travel and simple work. After years in corporate roles, she found fulfillmen...
- 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...
- Stocks to buy today: Wipro gets downgraded post Q4 results; Lupin could see over 20% upsideBrokerages are showing caution on specific stocks due to factors impacting earnings visibility. Nuvama downgraded Wipro to "Hold," citing w...
- Hot Stocks: Global brokerages on Infosys, TCS, Tech Mahindra, Wipro and IndusInd BankGoldman Sachs downgraded Infosys to sell with a target price of Rs 1244. The global investment bank is of the view that the valuations are ...
- Jefferies downgrades stocks of select IT companiesJefferies has downgraded HCL Technologies and Tech Mahindra to hold recommendation. The brokerage has cut rating on Wipro, Larsen & Toubro ...
- Wipro slides 7% after brokerages cut ratingsShares of Wipro tanked 7% on Thursday after brokerage houses downgraded the stock to underperform, citing lower-than-expected March quarter...
- Time to sell? Top 5 stocks which global brokerage firms downgraded this weekBrokerage firms such as Citigroup and CLSA in separate notes downgraded Nestle, Bajaj Finance, Wipro, LIC Housing Finance and Idea Cellular...
- Global brokerage firms downgrade Wipro post Q4 results; here's whyWipro posted Q4 results with revenue of $1,882 million, up 2.7% QoQ in constant currency terms, compared with the guided revenue growth ban...
- Bearish on Wipro: Sudip BandyopadhyayIn spite of good results in Q4, the commentary came as a shock and obviously if the management is indicating that kind of Q1, people will b...
- IT jobs safe despite S&P's US downgradeIt’s almost a week since the S&P downgraded the US credit rating and the week has seen a wild swing of ups and downs.
- Too early to assess US downgrade implication: WiproIT major Wipro today said it was too early to make any assessment on the implication of the S&P downgrade of the United States' credit rati...
- Downgrade Wipro to 'Hold', says EdelweissWipro’s Q2FY11 revenues and net profits, though in line with estimates, lagged growth reported by large peers. Global IT revenues, at $1,27...
- Credit Suisse downgrades Wipro to neutral, shares tankLast week, Wipro missed Q2 profit estimates. Wipro's joint CEOs Girish Paranjpe and Suresh Vaswani said growth of peers has surprised the c...
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