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Coforge IPO: IT firm files papers with US Securities and Exchange Commission
Tue, Nov 16, 2021
IT firm Coforge on Tuesday said it has filed papers with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of American Depositary Shares representing its equity shares.
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Coforge share price: Axis Securities initiates coverage with a BUY rating and Target Price of Rs 3200
Mon, Mar 29, 2021
Axis Securities has initiated coverage on Coforge with a BUY rating and Target Price of Rs 3200, implying an upside of 16% from the current levels. Axis Securities says it belives Coforge is well placed to bounce back post the COVID-19 pandemic. Coforge share price closed at 2796, up Rs 45 or 1.6% in last session.
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NIIT Technologies shares jump 19.53 pc after Q4 earnings
Wed, May 06, 2020
NIIT Technologies on Tuesday reported a 11.4 per cent rise in consolidated net profit at Rs 113.6 crore for the March 2020 quarter and said strong tech capabilities and sharp execution helped the company in winning large deals.
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NIIT Tech Q4 net profit up 22.5%
Sat, May 04, 2019
"Consequent to recent judicial pronouncement in Australia, company has reassessed its position pertaining to applicability of GST, Fringe benefit tax and royalty tax in our acquired entity in Australia. Basis the reassessment, the company has filed voluntary disclosure with the Australian tax authorities. The impact of the same has been booked as exceptional items amounting to Rs 56 million and Profit after tax for the quarter is reflective of the same," the company said in a statement.
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NIIT Q1 net profit up 73% to Rs 17.9 cr
Thu, Jul 26, 2018
"NIIT's Corporate Learning Group business (CLG) continues to drive growth. It grew 28 per cent year-on-year during the quarter, added one new MTS customer and expanded operations with an existing client," NIIT Vice Chairman and Managing Director Vijay K Thadani said.
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