IT sector
Robust Q3 earnings likely by HCL Tech, Wipro, Tech Mahindra despite seasonal lean period, says Kotak Institutional Research report
Tue, Jan 04, 2022
Brokerage firm Kotak Institutional Research expects a stronger December-end quarter growth in information and technology companies across on sequential basis despite seasonal lean period due to furloughs. The earning season will kick-start mostly from next week.
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Dalal Street Voice: Amid uncertainty on D-Street, buying interest seen to shift to IT, pharma & FMCG: Mehul Kothari of AnandRathi
Sun, Dec 26, 2021
Interest has shifted to the defensives as markets are uncertain and we witnessed buying in IT, PHARMA and FMCG pack, Mehul Kothari, AVP – Technical Research at AnandRathi – said in an interview with Zeebiz’s Kshitij Anand. Edited excerpts
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Smart Money seems to be moving towards IT sector, explains Pushkaraj Kanitkar of GEPL Capital
Sun, Dec 19, 2021
"We are seeing a range-bound market over the past 4-5 weeks, wherein Nifty50 has largely moved in a bracket between 18000 on the upside and 17000 levels on the downside with an off-tick of 16800 in the first week of December," Pushkaraj Sham Kanitkar, VP (Equities) at GEPL Capital says
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Superstar of 2022: Siddhartha Khemka recommends this stock for robust gains
Mon, Dec 13, 2021
In the show ‘2022 Ke Superstar’, Khemka suggests his stock pick for 2022. He picked Zensar Technology from the IT sector for healthy gains in 2022. He added, “In the past one year, we have been witnessing global spend in digital or technology companies of this new normal world.”
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Godrej Properties buys 16-acre land in Bengaluru to develop 1.5 million sq ft housing project
Fri, Nov 26, 2021
In a regulatory filing, Godrej Properties, which is one of the country's leading real estate developers, informed that it has purchased a land measuring approximately 16 acres at a strategically located and fastest developing micro-market of Sarjapur to develop a mid-income project.
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Appriffy: Get Qualified Software Developers, Scale Your Remote Indian Tech Team
Mon, Nov 22, 2021
Appriffy, a Bangalore-based online marketplace empowers global companies with qualified remote software developers. The innovative and technologically advanced online platform also aids startups and enterprises to scale their remote Indian tech team
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Sector Spotlight: IT stocks in focus today as correction seen after frenzied buying - opportunity now to make fresh position, says analyst
Thu, Oct 21, 2021
Technical Analyst Nilesh Jain does not see it as a major correction and sees this as an opportunity to make fresh moves in certain stocks. The Nifty IT index was trading at 36,076.15 around this time
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Mindtree is likely to post healthy margins in next quarter: Dayapatra Nevatia, ED & COO
Mon, Oct 18, 2021
At Mindtree, we pride ourselves as a digitally born company. Last time, when we refreshed our strategy, we created four service lines and we focused a lot on cloud, data and consumer experience related capabilities," Dayapatra Nevatia, ED and COO at Mindtree, says
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USD 2.3 bn worth new deals to bolster margins in next 2 quarters, says analyst - Buy on dips/Hold HCL Tech shares with 6-12-month view
Sun, Oct 17, 2021
Even as HCL Tech reported a below than expected July-September quarter earnings results, the view on this large cap IT stock is still positive for market expert Avinash Gorakshakar. The Director Research at Profitmart was bullish on this stock on the back strong order book
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Infosys launches 'Equinox' to help clients modernise, upgrade digital commerce capabilities
Thu, Sep 09, 2021
Speaking to PTI, Infosys Executive Vice President and Global Head Consumer (Retail and Logistics) Karmesh Vaswani said Infosys Equinox is a suite of digital commerce and digital marketing capabilities that can help any company rapidly transform its online and in-store experiences for a digitally native world
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Wipro Q1 net profit up 35.6% at Rs 3,242 cr, confident of double-digit growth in FY22 - KEY HIGHLIGHTS HERE
Sun, Aug 15, 2021
Bengaluru-based company had registered a net profit (attributable to equity holders) of Rs 2,390.4 crore in the year-ago period, as per Indian Accounting Standards (Ind-AS). Its revenue from operations rose by 22.3 per cent year-on-year to Rs 18,252.4 crore in the reported quarter
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Quarterly Result: Mindtree post 61% on-year growth in Q1FY22 PAT at Rs 343.4 cr, revenues up 20%; bags new deals; check employment, attrition rates
Tue, Jul 13, 2021
Revenue was at Rs 22,917 million for the reporting quarter, which was up by 20 per cent yoy and 8.6 per cent on qoq basis. In Dollar terms, the revenue stood at USD 310.5 million, which was 7.7 per cent on-quarter growth while 22.6 per cent on the y-o-y basis
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Quess Corp is consolidating various subsidiaries to simplify the organizational structure: Ravi Vishwanath, CFO
Tue, Jun 08, 2021
Ravi Vishwanath, CFO, Quess Corp, talks about the March quarter numbers, outlook on margins, acquisition of Conneqt Business Solutions and plans to merge Greenpiece Landscapes India and MFX Infotech with Quess Corp among others during an exclusive interview with Zee Business Executive Editor Swati Khandelwal,
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ERP cloud and data are the key focus areas for us: Jagannathan Chakravarthi, CEO, Sonata Software
Wed, May 19, 2021
Jagannathan Chakravarthi, Chief Financial Officer, Sonata Software Limited, talks about Q4FY21 numbers, expected $revenue growth rate for FY22, Microsoft Digital Platformation Services, pressure on pricing front and deal wins among others during a candid chat with Swati Khandelwal, Zee Business.
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Infosys, Mphasis to hire 2,000 workers; Wipro to invest GBP 16mn in UK
Tue, May 04, 2021
IT firms Infosys and Mphasis on Tuesday said they will create employment for about 2,000 people, while Wipro will invest GBP 16 million (about Rs 163 crore) in the UK over the next few years. The announcements were made ahead of the virtual summit between UK Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday
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