Sat, Apr 27, 2024
HCLTech Q4 FY24 Results: HCLTech reported an 8.4 per cent fall in consolidated net profit to Rs 3,986 crore for the fourth and final quarter of the financial year 2023-24. HCLTech declared a dividend of Rs 18 per share with a record date of May 7.
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Wed, Apr 24, 2024
Tech Mahindra (TECHM) Q4 FY24 Results Preview: Pune-headquartered Tech Mahindra is likely to clock a more than 35 per cent sequential jump in net profit to Rs 690 crore for the January-March period, according to Zee Business research. The IT firm, whose stock has gained 19 per cent in a year, is scheduled to report its financial results for the quarter as well as the year ended March 31 on Thursday, April 25.
LTIMindtree Q4 FY24 Results: LTIMindtree reported a 5.9 per cent sequential fall in consolidated net profit to Rs 1,099.9 crore for the January-March period, missing analysts' expectations.
Thu, Apr 27, 2023
Coforge reported a 49.7 per cent sequential fall in net profit for the quarter ended March 2023. The Noida-based company announced a dividend of Rs 19 per share.
Wed, Apr 19, 2023
HCL Tech (HCLTECH) — India's third largest IT company by market capitalisation after TCS and Infosys — reported a net profit of Rs 3,983 crore for the quarter ended March 2023, marking a decline of 2.8 per cent compared with the previous three months but better than analysts' estimates.
The IT stocks have been hammered by investors since the day the heavyweight TCS released its Q4 earnings on April 12, followed by Infosys results on April 13, which were mainly below expectations.
Mon, Apr 17, 2023
Wipro shares hit a 52-week low on Monday amid a sell-off across the IT space, after rival Infosys reported a worse-than-expected set of Q4 results. Wipro is scheduled to release its Q4 earnings report on April 27.
Infosys (INFY) share price: The stock of India's second largest IT company suffered huge losses on Monday after top brokerages downgraded the firm and cut their target prices for its shares by as much as 30 per cent following the earnings announcement.
Fri, Apr 14, 2023
TCS dividend history: The Tata group IT major — which is India's second most valuable company — announced a dividend of Rs 24 per share on April 12. Here's a glance at its dividend announcements in recent years.
Thu, Apr 13, 2023
Infosys Dividend History | Here's a quick recap of Bengaluru-based INFY's dividend announcements in last five years
Infosys Q4 Results HIGHLIGHTS: Infosys (INFY) — the country's second largest IT services exporter after Tata group giant Tata Consultancy Services (TCS) — on Thusday, April 13 reported a seven per cent sequential fall in net profit to Rs 6,128 crore for the January-March 2023 period, falling way short of analysts' estimates. The Infosys Q4 earnings come a day after TCS kicked off the Q4 results season by reporting a muted set of quarterly numbers. Follow this space to catch highlights of the Infosys (INFY) Q4 results only on Zeebiz.com, along with management commentary, what to make of the latest trends in attrition, hiring and client deals for the IT giant, the views of Zee Business Managing Editor Anil Singhvi and other experts, and much more.
TCS share price, dividend: Tata group IT major Tata Consultancy Services' shares succumbed to selling pressure on Thursday, a day after the company reported a slightly weak set of Q4 results and announced a final dividend of Rs 24 per share.
TCS share price, dividend: Tata group IT major Tata Consultancy Services (TCS) kicked off the Q4 results season on Wednesday, April 12, with profit and revenue slightly below analysts' estimates, and a proposed final dividend of Rs 24 per share — a 2,400 per cent payout. Here's a lowdown on the TCS Q4 earnings how the Street might react to the Mumbai-based IT giant's latest quarterly numbers.
Wed, Apr 12, 2023
Tata Consultancy Services (TCS) — the Tata group IT major which is the country's largest software exporter — on Friday reported its financial results for the quarter ended March 2023. Here's a lowdown on some of the key highlights of the IT bellwether's quarterly performance report.
TCS Q4 Results HIGHLIGHTS: Tata Consultancy Services (TCS) — India's largest IT company — reported a five per cent sequential increase in its net profit to Rs 11,390 crore for the quarter ended March 2023, slightly below analysts' estimates. Follow this space to catch minute-by-minute updates on the TCS Q4 results (January-March 2023) LIVE only on Zeebiz.com, along with management commentary, what to make of the latest trends in attrition, hiring and client deals for the IT giant, the views of Zee Business Managing Editor Anil Singhvi and other experts, and much more.
Tue, Apr 11, 2023
Infosys Q4 Results Preview: Infosys (INFY) — India's second largest software services exporter after Tata Consultancy Services (TCS) — is all set to declare its financial results for the fiscal fourth quarter (the period from January to March 2023) on Thursday, April 13, a day after TCS kicked off the corporate earnings season.
Fri, Mar 24, 2023
Major Indian IT firms are in focus on March 24 such as Tech Mahindra, Wipro, TCS, Infosys, HCL tech, taking support from better-than-expected financial results from Accenture
Tue, Jan 31, 2023
Tech Mahindra Share Price: The IT major's management mentioned signs of a slowdown in the BFSI segment in a conference call with investors. Its constant currency revenue growth fell short of peers TCS and Infosys's 2.2 per cent and 2.4 per cent respectively.
Fri, Jan 13, 2023
Infosys shares fell today tracking overall weakness in the frontline indices S&P BSE Sensex and NSE Nifty50. They were down by Rs 10 or 0.69 per cent on the NSE at around 10 am and were trading at Rs 1,470.40
Tue, Jan 10, 2023
Technical analyst Nilesh Jain warned of profit booking in Tata Consultancy Services shares as the company's quarterly results, in his view, did not meet market expectations
Tue, Jan 03, 2023
Stock to Buy | Infosys: At least five brokerages have given a buy rating on Infosys. The stock has been recommended at a price of Rs 1524. Macquarie is most bullish on the second largest Indian IT company in terms of market capitalisation.
Fri, Dec 16, 2022
Nifty IT Breakdown: The slump in IT shares' prices in India could be attributed to the sharp fall in tech heavyweight Nasdaq index that closed 360 points or 3.23 per cent lower at 10,810.53 overnight in the US.
Wed, Dec 14, 2022
The volatility seen in 2022 is likely to carry forward till the first half of the next year, WhiteOak Capital, Chief Executive Officer, Aashish P Sommaiyaa said while speaking to Zee Business.
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