Tech M Shares Fall 9% in 5-Days as JPMorgan, Citi Downgrade, Price Target Lowered
Shares of IT giant Tech Mahindra (Tech M) came under intense pressure this week after global brokerages JPMorgan and Citi downgraded their ratings. The stock...
Tag : infosys
Mastek Shares Up 7% After Strong Q4, Boosted by UK Deal
Up 5.3% sequentially in constant currency, Mastek stunned Street with its Q4FY23 results, while its larger peers TCS and Infosys reported lacklustre figures for the...
L&T Hit Hard as IT Contagion Puts LTIMindtree, L&T Tech Services in Trouble
Shares of Larsen & Toubro (L&T) tumbled on April 17 as IT sector companies it owns sold off heavily after Infosys, the country’s second-largest IT...
Infosys Shares Slid 11% on Lower than Expected Q4 Earnings, IT Stocks Follow
Infosys Ltd, India’s second-largest IT services and consulting company, saw its shares drop by nearly 11%, its biggest intraday percentage drop since October 2019, after...
Infosys Dividend Announces Final Dividend, Murthy Family to Receive Rs 265 Crore
Infosys, India’s second-largest software services company, has announced its final dividend for the financial year ending March 31, 2023, at Rs 17.50 per equity share....
Infosys Nears 52-Week Low, Shares Down 12% in 1 Month
Shares of Infosys fell 1% to Rs 1,372 in intraday trade on Thursday, hitting a six-month low, as growth concerns weighed on investor sentiment. Shares...
Infosys Hits 5-Month Low, Shares Down 10% in 1 Month
Shares of Infosys touched a five-month low of Rs 1,419.60 in intraday trade on Tuesday, down 1% on the BSE. The stock was quoted at...
MSCI Cuts Weightage in HCL Tech; Shares Trade Biggest Losers on Sensex, Nifty
Shares of HCL Technologies fell 3.3% to Rs 1,108.55 on the BSE in intraday trade on Friday, as information technology companies’ weightage in the MSCI...
Infosys, HCL Tech, Inox, Cyient, Zee Entertainment are in Focus
IT services company Infosys reported a 13.4% yearly raise in net profit in Q3FY23 to Rs 6,586 crore, up from Rs 5,809 crore, increasing its...
Cognizant Names Former Infosys President Ravi Kumar as New CEO
On Thursday, Nasdaq-listed Cognizant Technology Solutions said it had appointed Ravi Kumar S as chief executive officer and board member, effective immediately. Kumar will succeed...