Shares of a leading IT company rallied nearly 5 percent after it reported strong quarterly results, driven by robust revenue growth and healthy margins. The company also announced a dividend payout, boosting investor sentiment. Price Action During Monday's trading session, KPIT Technologies Ltd shares hit an intra-day high of Rs.1,277.00 per share, marking a 4.5 [...]
The U.S. has imposed a 26 percent tariff on Indian goods as part of major trade policy overhaul. While these tariffs don’t directly impact the IT sector, they are seen as inflationary, potentially raising prices in the U.S. Notably, if inflation rises, U.S. companies may cut IT budgets, which could hurt Indian IT firms as [...]
When looking for fundamentally strong midcap stocks, the Piotroski Score can be very helpful. A high Piotroski Score tends to indicate companies that are financially strong and have good fundamentals. Here's a list of midcap stocks with a Piotroski Score of up to 9 that you may want to keep on your watchlist. GE Vernova [...]
This IT stock which is in the business of specializing in embedded software, AI, and Digital solutions focused on automobile and mobility up 8 percent after the company announced revenue guidance and future plans. Price Movement In Thursday’s trading session, KPIT Technologies Ltd's share price touched a day’s high of Rs. 1,479, which was up [...]
CAGR (Compound Annual Growth Rate) is a financial term that evaluates an investment's yearly growth rate over a given time period. It smoothes growth and adjusts for compounding effects. CAGR is commonly used to assess corporate performance and investment returns, offering insight into long-term trends. A stock trading at a discount from its 52-week high [...]
Global tech company KPIT Technologies Ltd hit its 52-week high figure today at Rs 913.90. Keeping a purview of six months, the stock has been able to deliver decent returns of around 37 percent to its holders. Since the inception of its listing on the exchange, the stock has proven to deliver returns of more [...]
Indian Markets saw a positive start on Wednesday. The BSE Sensex opened at 53,793.99 points, while the Nifty 50 opened at 53793.99 points. Global markets struggled in the past few days according to developments around the Russia Ukraine Crisis. Axis Direct has given a buy call on the following stocks for positional trading: Bharat Electronics [...]
