Synopsis: Tech Mahindra ltd shares dropped by 1.67 % following the results. In Q1FY26 the revenue and profits increased slightly, but brokerages are still cautious because of the company’s poor revenue conversion and macro challenges. A large cap IT stock is in...
The shares of prominent technology consulting service providers plummeted up to 2 percent after Macquarie, a well-known brokerage globally, added the company to its sell list. Price Movement With a market capitalization of Rs 1.61 lakh crore, the shares of Tech...
A dividend is a portion of a company’s profit that is paid out to its shareholders. Companies usually give dividends to reward investors for holding their stock. When a stock goes ex-dividend, it means new buyers of the stock won’t be eligible to receive the declared...
India’s IT sector is projected to hit $282.6 billion in FY25, growing 5.1 percent year-on-year. Exports may reach $210 billion, accounting for 18 percent of global outsourcing. IT spending is expected to grow 11.2 percent to $160 billion, with job opportunities...
The shares of prominent technology consulting service providers gained up to 2 percent after the company’s net profit and revenue increased by 72 percent and 4 percent, respectively in Q4. Price Movement With a market capitalization of Rs 1.41 lakh crore, the shares...
A leading IT stock is drawing market attention following its strategic partnership with ServiceNow to develop next-generation broadband solutions. This collaboration aims to enhance network efficiency, streamline operations, and drive digital transformation in the...
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