News

Raminfo shines on getting nod to make upto 10% investment in Jaaga Real Estate Services Ram Info is currently trading at Rs. 101.25, up by 3.00 points or 3.05% from its previous closing of Rs. 98.25 on the BSE. The scrip opened at Rs. 99.80 and has touched a high and low of Rs. 107.95 and Rs. 97.00 respectively. So far 26957 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 151.85 on 12-Sep-2022 and a 52 week low of Rs. 80.66 on 12-Jul-2023. Last one week high and low of the scrip stood at Rs. 107.9...
Raminfo shines on getting nod to make upto 10% investment in Jaaga Real Estate Services
Raminfo shines on getting nod to make upto 10% investment in Jaaga Real Estate Services
Source: Accord Fintech
8/09/2023 3:01:09 PM
HCL Technologies jumps on signs multiyear Managed Public Cloud Services agreement with Siemens AG HCL Technologies is currently trading at Rs. 1253.70, up by 18.00 points or 1.46% from its previous closing of Rs. 1235.70 on the BSE. The scrip opened at Rs. 1236.05 and has touched a high and low of Rs. 1255.80 and Rs. 1230.40 respectively. So far 47107 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1242.00 on 06-Sep-2023 and a 52 week low of Rs. 882.20 on 26-Sep-2022. Last one week high and low of the scrip ...
HCL Technologies jumps on signs multiyear Managed Public Cloud Services agreement with Siemens AG
HCL Technologies jumps on signs multiyear Managed Public Cloud Services agreement with Siemens AG
Source: Accord Fintech
7/09/2023 4:09:32 PM
TCS rises on entering into strategic partnership with Digital unit of JLR Tata Consultancy Services is currently trading at Rs. 3445.00, up by 15.15 points or 0.44% from its previous closing of Rs. 3429.85 on the BSE. The scrip opened at Rs. 3445.95 and has touched a high and low of Rs. 3451.95 and Rs. 3423.00 respectively. So far 26365 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS rises on entering into strategic partnership with Digital unit of JLR
TCS rises on entering into strategic partnership with Digital unit of JLR
Source: Accord Fintech
7/09/2023 3:43:34 PM
IT Sector Update : ISG Call Takeaways: Status Quo - JM Financial Institutional Securities We hosted Namratha Dharshan, Chief Business Leader, and Sashidharan Balasundaram, Principle Analyst, of ISG for an investor interaction. They believe that a difficult macro notwithstanding, managed services demand has stayed resilient. However, they do see elongated decision cycles and pressure on discretionary spend. We believe the disconnect between healthy deal awards and weak revenue growth is explained by a) higher share of renwals in ACV (c.10ppt increase in 1H23 YoY) – implying l...
IT Sector Update : ISG Call Takeaways: Status Quo - JM Financial Institutional Securities
IT Sector Update : ISG Call Takeaways: Status Quo - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
7/09/2023 3:30:52 PM
Nazara Tech raises Rs 410 cr via issuing equity shares to SBI Mutual Fund Online gaming major Nazara Technologies on Thursday announced that its board has approved an issue of equity shares with face value of Rs 4 each to raise up to Rs 410 crore from SBI Mutual Fund. The company is proposing to issue 57,42,296 equity shares at a price of Rs 714 per share aggregating to Rs 4,099,999,344 to SBI Mutual Fund, by way of preferential issue on private placement basis. The funds will be invested via three schemes of SBI Mutual Fund namely SBI Multicap Fund, SBI Magn...
Nazara Tech raises Rs 410 cr via issuing equity shares to SBI Mutual Fund
Nazara Tech raises Rs 410 cr via issuing equity shares to SBI Mutual Fund
Source: IANS
7/09/2023 1:53:34 PM
Mastek surges on partnering with Restek Corporation Mastek is currently trading at Rs. 2517.20, up by 35.70 points or 1.44% from its previous closing of Rs. 2481.50 on the BSE. The scrip opened at Rs. 2485.00 and has touched a high and low of Rs. 2524.50 and Rs. 2485.00 respectively. So far 3259 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2,524.50 on 7-Sep-2023 and a 52 week low of Rs. 1475.45 on 29-Mar-2023. Last one week high and low of the scrip stood at R...
Mastek surges on partnering with Restek Corporation
Mastek surges on partnering with Restek Corporation
Source: Accord Fintech
7/09/2023 11:14:01 AM
Aurionpro Solutions touches roof on planning to acquire Interact DX Aurionpro Solutions is currently trading at upper circuit limit of Rs. 1236.45, up by 58.85 points or 5.00% from its previous closing of Rs. 1177.60 on the BSE. The scrip opened at Rs. 1236.45 and has touched a high and low of Rs. 1236.45 and Rs. 1236.45 respectively. So far 2954 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,236.45 on 7-Sept-2023 and a 52 week low of Rs. 291.00 on 28-Mar-2023. Last one week...
Aurionpro Solutions touches roof on planning to acquire Interact DX
Aurionpro Solutions touches roof on planning to acquire Interact DX
Source: Accord Fintech
7/09/2023 10:43:13 AM
TCS inks $1 bn deal with Jaguar to build future-ready digital services Software major Tata Consultancy Services (TCS) on Wednesday announced that it has inked a nearly $1 billion (800 million pounds) deal with the Jaguar Land Rover (JLR) to transform, simplify, and help manage its digital estate and build a new future-ready, strategic technology architecture. TCS will use its contextual knowledge, deep domain expertise, proprietary platforms, vast partner ecosystem, and future-ready talent pool to assist JLR in improving its digital capacity, transforming, si...
TCS inks $1 bn deal with Jaguar to build future-ready digital services
TCS inks $1 bn deal with Jaguar to build future-ready digital services
Source: IANS
7/09/2023 10:33:00 AM
HCL Technologies edges higher on partnering with Elders HCL Technologies is currently trading at Rs. 1235.75, up by 0.90 points or 0.07% from its previous closing of Rs. 1234.85 on the BSE. The scrip opened at Rs. 1233.00 and has touched a high and low of Rs. 1242.00 and Rs. 1222.65 respectively. So far 23032 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1242.00 on 06-Sep-2023 and a 52 week low of Rs. 882.20 on 26-Sep-2022. Last one week high and low of the scrip s...
HCL Technologies edges higher on partnering with Elders
HCL Technologies edges higher on partnering with Elders
Source: Accord Fintech
6/09/2023 3:39:38 PM
IT Sector Update : Macro performance to drive IT recovery - Emkay Global Financial Services Our analyses of 22 global technology companies’ recent quarter performance and management commentary suggest stability in demand rather than optimism. Macro uncertainties and an elongated sales cycle continue to weigh on demand and growth visibility. A majority of the companies have resisted predicting the recovery timeline, with the occurrence of recession being an irritant in any normalization. On the flip side, for the longer term, all companies remain optimistic, with technology bec...
IT Sector Update : Macro performance to drive IT recovery - Emkay Global Financial Services
IT Sector Update : Macro performance to drive IT recovery - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
6/09/2023 1:45:04 PM
Syrma SGS Technology jumps on acquiring 51% stake in Johari Digital Healthcare Syrma SGS Technology is currently trading at Rs. 571.50, up by 32.95 points or 6.13% from its previous closing of Rs. 537.80 on the BSE. The scrip opened at Rs. 540.05 and has touched a high and low of Rs. 572.10 and Rs. 540.05 respectively. So far 49515 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 579.90 on 28-Aug-2023 and a 52 week low of Rs. 248.30 on 30-Jan-2023. Last one week high and low of the scrip s...
Syrma SGS Technology jumps on acquiring 51% stake in Johari Digital Healthcare
Syrma SGS Technology jumps on acquiring 51% stake in Johari Digital Healthcare
Source: Accord Fintech
6/09/2023 10:32:41 AM
3i Infotech touches roof on partnering with InsureMO 3I Infotech is currently trading at upper limit of Rs. 40.02, up by 6.67 points or 20.00% from its previous closing of Rs. 33.35 on the BSE. The scrip opened at Rs. 33.74 and has touched a high and low of Rs. 40.02 and Rs. 33.46 respectively. So far 2104902 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.20 on 12-Sep-2022 and a 52 week low of Rs. 25.93 on 28-Mar-2023. Last one week high and low of the scrip ...
3i Infotech touches roof on partnering with InsureMO
3i Infotech touches roof on partnering with InsureMO
Source: Accord Fintech
5/09/2023 3:15:14 PM
TCS gains on partnering with Lantmannen Ekonomisk Forening Tata Consultancy Services is currently trading at Rs. 3428.60, up by 10.75 points or 0.31% from its previous closing of Rs. 3417.85 on the BSE. The scrip opened at Rs. 3417.85 and has touched a high and low of Rs. 3447.00 and Rs. 3406.00 respectively. So far 36146 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS gains on partnering with Lantmannen Ekonomisk Forening
TCS gains on partnering with Lantmannen Ekonomisk Forening
Source: Accord Fintech
5/09/2023 2:43:18 PM
Coforge jumps on launching ARC for healthcare industry Coforge is currently trading at Rs. 5598.40, up by 115.45 points or 2.11% from its previous closing of Rs. 5482.95 on the BSE. The scrip opened at Rs. 5500.00 and has touched a high and low of Rs. 5631.60 and Rs. 5485.00 respectively. So far 7812 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5631.60 on 05-Sep-2023 and a 52 week low of Rs. 3210.00 on 19-Sep-2022. Last one week high and low of the scrip stood a...
Coforge jumps on launching ARC for healthcare industry
Coforge jumps on launching ARC for healthcare industry
Source: Accord Fintech
5/09/2023 1:46:55 PM
Preparing young Indians with right digital skills is the key: MoS IT Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, said here on Monday that the journey in the last nine years has been not only to make up for the lost ground before 2014 but also to prepare the young generation in this rapidly transforming India to be equipped with right set of skills and play a key role in the evolving landscape of technology and the global economy. Speaking at an event here where social media giant Meta announced a three-year partnership with Ministr...
Preparing young Indians with right digital skills is the key: MoS IT
Preparing young Indians with right digital skills is the key: MoS IT
Source: IANS
5/09/2023 9:34:34 AM
Infosys jumps on completing acquisition of Danske Bank`s IT centre in India Infosys is currently trading at Rs. 1460.00, up by 16.95 points or 1.17% from its previous closing of Rs. 1443.05 on the BSE. The scrip opened at Rs. 1443.00 and has touched a high and low of Rs. 1461.00 and Rs. 1435.35 respectively. So far 194843 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1672.45 on 01-Dec-2022 and a 52 week low of Rs. 1215.45 on 25-Apr-2023. Last one week high and low of the scrip stood a...
Infosys jumps on completing acquisition of Danske Bank`s IT centre in India
Infosys jumps on completing acquisition of Danske Bank`s IT centre in India
Source: Accord Fintech
4/09/2023 4:43:23 PM
Sell Mphasis Ltd For Target Rs.1,727 - ICICI Securities Ltd Demand headwinds in BFS (largest vertical) persist, but the same is not reflected in valuations; reiterate SELL We attended Mphasis analyst meet wherein the company outlined its future growth strategies: 1) focus on expanding non-BFS verticals, 2) continuing strategy of proactive large deal wins, and 3) increasing the number of clients with high revenue potential (USD 100mn+ annually). However, our near-term view on the company has not changed, hence we maintain SELL. Our concerns are: 1) ...
Sell Mphasis Ltd For Target Rs.1,727 - ICICI Securities Ltd
Sell Mphasis Ltd For Target Rs.1,727 - ICICI Securities Ltd
Source: ICICI Securities Ltd
2/09/2023 12:16:35 PM
IT Sector Update : Mphasis Analyst Day takeaways by JM Financial Institutional Securities Mphasis (MPHL IN; NOT RATED) , at its 2023 analyst day, laid bare the underlying construct of its growth strategy. The company’s “inch wide, mile deep” strategy has helped it gain significant wallet share in its select, though large BFS accounts. Its pro-active deal pursuits (pre-RFP engagements) have helped improve win rates. Its repertoire of reusable archetypes allows for repeatable, referenceable and pro-active large deal wins. The company is trying to replicate this tem...
IT Sector Update : Mphasis Analyst Day takeaways by JM Financial Institutional Securities
IT Sector Update : Mphasis Analyst Day takeaways by JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2/09/2023 11:41:34 AM
TCS moves up on expanding partnership with Athora Netherlands Tata Consultancy Services is currently trading at Rs. 3387.95, up by 30.90 points or 0.92% from its previous closing of Rs. 3357.05 on the BSE. The scrip opened at Rs. 3359.05 and has touched a high and low of Rs. 3389.00 and Rs. 3357.05 respectively. So far 21730 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS moves up on expanding partnership with Athora Netherlands
TCS moves up on expanding partnership with Athora Netherlands
Source: Accord Fintech
1/09/2023 12:52:42 PM
HCL Technologies inches up on acquiring 100% stake in ASAP Group HCL Technologies is currently trading at Rs. 1175.05, up by 2.15 points or 0.18% from its previous closing of Rs. 1172.90 on the BSE. The scrip opened at Rs. 1173.00 and has touched a high and low of Rs. 1179.75 and Rs. 1171.05 respectively. So far 4849 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 882.20 on 26-Sep-2022. Last one week high and low of the scrip st...
HCL Technologies inches up on acquiring 100% stake in ASAP Group
HCL Technologies inches up on acquiring 100% stake in ASAP Group
Source: Accord Fintech
1/09/2023 10:44:35 AM
Tech Mahindra rises on partnering with Google Tech Mahindra is currently trading at Rs. 1214.05, up by 16.00 points or 1.34% from its previous closing of Rs. 1198.05 on the BSE. The scrip opened at Rs. 1203.50 and has touched a high and low of Rs. 1221.00 and Rs. 1203.50 respectively. So far 37255 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1270.35 on 17-Jul-2023 and a 52 week low of Rs. 982.95 on 28-Apr-2023. Last one week high and low of the scrip sto...
Tech Mahindra rises on partnering with Google
Tech Mahindra rises on partnering with Google
Source: Accord Fintech
30/08/2023 12:19:32 PM
Trigyn Technologies zooms on getting LoA from Digital India Corporation Trigyn Technologies is currently trading at Rs. 127.00, up by 7.55 points or 6.32% from its previous closing of Rs. 119.45 on the BSE. The scrip opened at Rs. 121.50 and has touched a high and low of Rs. 131.55 and Rs. 121.20 respectively. So far 47954 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 142.40 on 20-Jul-2023 and a 52 week low of Rs. 84.75 on 28-Mar-2023. Last one week high and low of the scrip stoo...
Trigyn Technologies zooms on getting LoA from Digital India Corporation
Trigyn Technologies zooms on getting LoA from Digital India Corporation
Source: Accord Fintech
30/08/2023 12:15:05 PM
Indian IT services sector's revenue growth will slow down to 3-5% in FY24: Icra Icra Ratings in its latest report has said that Indian IT services sector's revenue growth will slow down to 3-5 per cent in the current fiscal (FY24) from 9.2 per cent in the previous financial year. It said the profitability will also take a beating in this financial year and the operating profit margin will narrow by up to 1 percentage point to 20-21 per cent. It said Indian IT services companies witnessed a sharp moderation in growth momentum between Q3 FY23 to Q1 FY24 owing to the...
Indian IT services sector's revenue growth will slow down to 3-5% in FY24: Icra
Indian IT services sector's revenue growth will slow down to 3-5% in FY24: Icra
Source: Accord Fintech
30/08/2023 10:23:08 AM
HCL Technologies gains on signing exclusive preferred professional services agreement with Cloud Software Group HCL Technologies is currently trading at Rs. 1163.00, up by 5.05 points or 0.44% from its previous closing of Rs. 1157.95 on the BSE. The scrip opened at Rs. 1165.95 and has touched a high and low of Rs. 1168.90 and Rs. 1161.55 respectively. So far 2199 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 882.20 on 26-Sep-2022. Last one week high and low of the scrip st...
HCL Technologies gains on signing exclusive preferred professional services agreement with Cloud Software Group
HCL Technologies gains on signing exclusive preferred professional services agreement with Cloud Software Group
Source: Accord Fintech
30/08/2023 9:42:05 AM
UST acquires MobileComm, 1,300 workers to join via this acquisition Leading digital transformation solutions company UST on Tuesday announced that it acquired MobileComm, a global telecom engineering firm with over 21 years of experience in telecommunications and wireless engineering services. Over 1,300 employees from MobileComm will join UST through this acquisition, strengthening UST’s telecommunications practice and positioning the company to continue building upon its growth in this dynamic sector, the company said. "We believe this stra...
UST acquires MobileComm, 1,300 workers to join via this acquisition
UST acquires MobileComm, 1,300 workers to join via this acquisition
Source: IANS
29/08/2023 5:12:18 PM
Neutral Mphasis Ltd For Target Rs. 2,250 - Motilal Oswal Financial Services Growth to recover in FY25 | Valuation remains full Driving incremental efforts to stimulate growth engines We hosted Mr. Nitin Rakesh (MD & CEO – Mphasis) at our flagship conference, AGIC – 2023. Through his presentation, he touched upon the implications of Generative AI (subset of LLM) on business operations and the cannibalization impact it may pose to the technology service lines. Moreover, we also attended Mphasis (MPHL)’s Analyst Meet recently. The key takeaways ...
Neutral Mphasis Ltd For Target Rs. 2,250 - Motilal Oswal Financial Services
Neutral Mphasis Ltd For Target Rs. 2,250 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
29/08/2023 3:50:53 PM
Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023 The Indian IT industry is expected to see moderate revenue growth of 3 to 5 per cent in FY2024, lower than 9.2 per cent (year-on-year) growth in FY2023, a new report said on Tuesday. According to the credit rating agency ICRA, key sectors like BFSI, retail, technology, and communication are expected to slow down discretionary IT spending. The operating profit margin is expected to decline by 70-100 bps in FY2024 due to lower operating leverage. "The operating profit margin (OPM)...
Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023
Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023
Source: IANS
29/08/2023 2:13:08 PM
LTIMindtree gains on entering into strategic collaboration with CAST AI LTIMindtree is currently trading at Rs. 5150.00, up by 24.95 points or 0.49% from its previous closing of Rs. 5125.05 on the BSE. The scrip opened at Rs. 5149.95 and has touched a high and low of Rs. 5185.00 and Rs. 5149.90 respectively. So far 606 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 5425.00 on 05-Jul-2023 and a 52 week low of Rs. 4120.00 on 23-Jan-2023. Last one week high and low of the scrip stood ...
LTIMindtree gains on entering into strategic collaboration with CAST AI
LTIMindtree gains on entering into strategic collaboration with CAST AI
Source: Accord Fintech
29/08/2023 9:51:03 AM
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens Prime Minister Narendra Modi on Friday highlighted India's progress in areas such as renewables, startups, pharma, IT, digital payments and infrastructure and the various initiatives undertaken to foster business, during his interaction with industry representatives in Athens at a business lunch hosted by Greek Prime Minister Kyriakos Mitsotakis.  PM Modi acknowledged the role played by industry leaders in strengthening bilateral relations and promoting economic cooperation betwee...
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens
PM Narendra Modi highlights initiatives to push business at meeting with corporates in Athens
Source: IANS
26/08/2023 8:41:13 AM
Buy Info Edge India Ltd For Target Rs. 4,896 by Geojit Financial Services Ltd Solid fundamentals; positive outlook Info Edge (India) Limited operates an online job posting website. The website offers services for recruiters, job seekers, and employers. The company also operates an online matrimonial website for prospective brides, grooms, and relatives. * Consolidated revenue grew 14.4% YoY to Rs. 626cr (+3.5% QoQ) in Q1FY24, driven by healthy growth in Naukri.com and 99acres segments. * EBITDA remained strong at Rs. 203cr with a margin of 32.4%, due to lower ...
Buy Info Edge India Ltd For Target Rs. 4,896 by Geojit Financial Services Ltd
Buy Info Edge India Ltd For Target Rs. 4,896 by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
25/08/2023 2:03:32 PM
Macro International touches roof on entering into contrast media business Macro International is currently trading at its upper limit of Rs. 27.70, up by 1.31 points or 4.96% from its previous closing of Rs. 26.39 on the BSE. The scrip opened at Rs. 27.70 and has touched a high and low of Rs. 27.70 and Rs. 27.70 respectively. So far 6390 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.62 on 15-May-2023 and a 52 week low of Rs. 21.50 on 29-Aug-2022. Last one week high and low of t...
Macro International touches roof on entering into contrast media business
Macro International touches roof on entering into contrast media business
Source: Accord Fintech
25/08/2023 1:56:04 PM
HCL Technologies inches up on entering into collaboration with Amazon Web Services HCL Technologies is currently trading at Rs. 1182.95, up by 0.80 points or 0.07% from its previous closing of Rs. 1182.15 on the BSE. The scrip opened at Rs. 1190.00 and has touched a high and low of Rs. 1190.00 and Rs. 1182.65 respectively. So far 8213 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 875.65 on 29-Aug-2022. Last one week high and low of the scrip st...
HCL Technologies inches up on entering into collaboration with Amazon Web Services
HCL Technologies inches up on entering into collaboration with Amazon Web Services
Source: Accord Fintech
24/08/2023 12:07:13 PM
Coforge shines on launching Coforge Quasar Coforge is currently trading at Rs. 5029.95, up by 118.35 points or 2.14% from its previous closing of Rs. 4911.60 on the BSE. The scrip opened at Rs. 4790.00 and has touched a high and low of Rs. 5090.00 and Rs. 4710.00 respectively. So far 328240 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5420.00 on 16-Aug-2023 and a 52 week low of Rs. 3210.00 on 19-Sep-2022. Last one week high and low of the scrip stood...
Coforge shines on launching Coforge Quasar
Coforge shines on launching Coforge Quasar
Source: Accord Fintech
24/08/2023 10:03:53 AM
Hinduja Global Solutions climbs as its arm launches enterprise networking solutions brand `CELERITYX` Hinduja Global Solutions is currently trading at Rs. 1034.75, up by 24.95 points or 2.47% from its previous closing of Rs. 1009.80 on the BSE. The scrip opened at Rs. 1015.35 and has touched a high and low of Rs. 1045.00 and Rs. 1015.35 respectively. So far 1395 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1698.15 on 24-Aug-2022 and a 52 week low of Rs. 994.55 on 27-Mar-2023. Last one week high and low of th...
Hinduja Global Solutions climbs as its arm launches enterprise networking solutions brand `CELERITYX`
Hinduja Global Solutions climbs as its arm launches enterprise networking solutions brand `CELERITYX`
Source: Accord Fintech
23/08/2023 3:10:59 PM
Goldman Sachs sees India IT growth pick up in medium-term; initiates coverage Goldman Sachs sees revenue growth for India's IT sector companies picking up, driven by pent-up demand for IT services and the impact of adopting generative artificial intelligence (AI) tech. The Wall Street bank forecast a 9%-10% revenue growth from 2025, saying the market could be under-appreciating the sector's upside, even though near-term revenue is likely to remain "muted". "Indian IT services companies have doubled their market share in the last 10 years,&q...
Goldman Sachs sees India IT growth pick up in medium-term; initiates coverage
Goldman Sachs sees India IT growth pick up in medium-term; initiates coverage
Source: Reuters
23/08/2023 12:30:21 PM
HCL Technologies rises as its division collaborates with Google Cloud HCL Technologies is currently trading at Rs. 1183.65, up by 4.20 points or 0.36 % from its previous closing of Rs. 1179.45 on the BSE. The scrip opened at Rs. 1192.80 and has touched a high and low of Rs. 1192.85 and Rs. 1178.65 respectively. So far 17078 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 875.65 on 29-Aug-2022. Last one week high and low of the scrip ...
HCL Technologies rises as its division collaborates with Google Cloud
HCL Technologies rises as its division collaborates with Google Cloud
Source: Accord Fintech
23/08/2023 11:37:16 AM
Newgen Software shines on bagging order for license product, implementation and support services Newgen Software Technologies is currently trading at Rs. 965.70, up by 51.05 points or 5.58% from its previous closing of Rs. 914.65 on the BSE. The scrip opened at Rs. 927.60 and has touched a high and low of Rs. 1000.00 and Rs. 917.20 respectively. So far 43706 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1000.00 on 22-Aug-2023 and a 52 week low of Rs. 327.95 on 10-Nov-2022. Last one week high and low of t...
Newgen Software shines on bagging order for license product, implementation and support services
Newgen Software shines on bagging order for license product, implementation and support services
Source: Accord Fintech
22/08/2023 3:11:11 PM
Sell Happiest Minds Technologies Ltd For Target Rs. 8,00 - Geojit Financial Strong performance despite uncertainties Happiest Minds Technologies Ltd (HMTL) is an information technology company that provides digital transformation and technology services to consumers in the automotive, banking, financial services and insurance, consumer packaged goods, e-commerce, edutech, engineering R&D, hi-tech, manufacturing, retail, and travel/transportation/hospitality areas • In Q1FY24, revenue rose 22.6% YoY, led by robust growth in the Digital Business Services...
Sell Happiest Minds Technologies Ltd For Target Rs. 8,00 - Geojit Financial
Sell Happiest Minds Technologies Ltd For Target Rs. 8,00 - Geojit Financial
Source: Geojit Financial Services
19/08/2023 11:23:18 AM
Future of technology can`t be shaped by few countries & companies: MoS IT   Future of technology cannot be shaped by a few countries and companies and needs to be more inclusive and India Stack has transformed lives of citizens and built trust between the government and 'Digital Nagriks', Minister of State for Electronics and IT, Rajeev Chandrasekhar, said here on Friday. Chandrasekhar held bilateral meetings with the ministerial delegations and other senior representatives from Bangladesh, South Korea, France and Turkey at the fourth meeting of ...
Future of technology can`t be shaped by few countries & companies: MoS IT
Future of technology can`t be shaped by few countries & companies: MoS IT
Source: IANS
18/08/2023 5:34:01 PM
Mastek surges after its arm completes acquisition of 100% membership interest in BizAnalytica LLC Mastek is currently trading at Rs. 2100.80, up by 22.75 points or 1.09% from its previous closing of Rs. 2078.05 on the BSE. The scrip opened at Rs. 2075.05 and has touched a high and low of Rs. 2108.20 and Rs. 2060.00 respectively. So far 3203 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2254.40 on 19-Jul-2023 and a 52 week low of Rs. 1475.45 on 29-Mar-2023. Last one week high and low of the scrip stood at R...
Mastek surges after its arm completes acquisition of 100% membership interest in BizAnalytica LLC
Mastek surges after its arm completes acquisition of 100% membership interest in BizAnalytica LLC
Source: Accord Fintech
18/08/2023 3:29:05 PM
NIIT inches up on integrating Generative AI in digital marketing and full stack software engineering programs NIIT is currently trading at Rs. 80.30, up by 0.11 points or 0.14% from its previous closing of Rs. 80.19 on the BSE. The scrip opened at Rs. 79.53 and has touched a high and low of Rs. 80.48 and Rs. 79.53 respectively. So far 2306 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 416.65 on 29-May-2023 and a 52 week low of Rs. 77.06 on 14-Aug-2023. Last one week high and low of the scrip stood at Rs. 80.49 and Rs....
NIIT inches up on integrating Generative AI in digital marketing and full stack software engineering programs
NIIT inches up on integrating Generative AI in digital marketing and full stack software engineering programs
Source: Accord Fintech
18/08/2023 9:44:42 AM
HCL Technologies rises on collaborating with Cricket Australia to accelerate digital transformation HCL Technologies is currently trading at Rs. 1180.40, up by 3.90 points or 0.33% from its previous closing of Rs. 1176.50 on the BSE. The scrip opened at Rs. 1183.95 and has touched a high and low of Rs. 1183.95 and Rs. 1164.00 respectively. So far 38433 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1202.70 on 05-Jul-2023 and a 52 week low of Rs. 875.65 on 29-Aug-2022. Last one week high and low of the scrip s...
HCL Technologies rises on collaborating with Cricket Australia to accelerate digital transformation
HCL Technologies rises on collaborating with Cricket Australia to accelerate digital transformation
Source: Accord Fintech
17/08/2023 2:59:39 PM
Unleasing India`s Digital Potential : IT Industry Outlook 2023` by Dr. Manoranjan Sharma- Chief Economist, Infomerics Ratings Below the quote on Unleasing India's Digital Potential: IT Industry Outlook 2023' by Dr. Manoranjan Sharma- Chief Economist, Infomerics Ratings   India is acknowledged as a prominent international centre for IT services and has emerged as the third-largest startup ecosystem globally with a remarkable count of over 100 unicorns. Till FY 2016-17, approximately one unicorn was being added every year. Over the past four years (since FY 2017-18), this number has b...
Unleasing India`s Digital Potential : IT Industry Outlook 2023` by Dr. Manoranjan Sharma- Chief Economist, Infomerics Ratings
Unleasing India`s Digital Potential : IT Industry Outlook 2023` by Dr. Manoranjan Sharma- Chief Economist, Infomerics Ratings
Source: PR Agency
17/08/2023 12:51:24 PM
Silver Touch Technologies surges on acquiring additional stake in Shark Identity Silver Touch Technologies is currently trading at Rs. 420.10, up by 8.10 points or 1.97% from its previous closing of Rs. 412.00 on the BSE. The scrip opened at Rs. 415.95 and has touched a high and low of Rs. 425.00 and Rs. 415.00 respectively. So far 3009 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 471.00 on 04-Aug-2023 and a 52 week low of Rs. 311.05 on 07-Feb-2023. Last one week high and low of the scri...
Silver Touch Technologies surges on acquiring additional stake in Shark Identity
Silver Touch Technologies surges on acquiring additional stake in Shark Identity
Source: Accord Fintech
17/08/2023 10:16:27 AM
Cabinet okays expansion of Digital India programme with outlay of Rs 14,903cr The Union Cabinet on Wednesday approved the expansion of the Digital India programme with an outlay of Rs 14,903 crore.  Minister for Railway, Electronics and IT Ashwini Vaishnaw, while addressing a press conference after the meeting of the Union Cabinet, said that 6.25 lakh IT professionals will be re-skilled and up-skilled under FutureSkills Prime programme.  The Digital India programme was first launched in 2015 by the Centre and now under its ambit, 2.65 lakh people will b...
Cabinet okays expansion of Digital India programme with outlay of Rs 14,903cr
Cabinet okays expansion of Digital India programme with outlay of Rs 14,903cr
Source: IANS
16/08/2023 6:02:34 PM
Wipro launches centre of excellence on generative AI at IIT Delhi IT major Wipro on Wednesday announced the launch of a new Center of Excellence on generative artificial intelligence (AI) in partnership with the Indian Institute of Technology (IIT) Delhi. The Wipro CoE on Generative AI is anchored within the Yardi School of Artificial Intelligence (ScAI) at IIT Delhi, and will support foundational and applied research, nurture talent, and expand the state of the art in this critical field. The partnership is part of the company’s $1 billion comm...
Wipro launches centre of excellence on generative AI at IIT Delhi
Wipro launches centre of excellence on generative AI at IIT Delhi
Source: IANS
16/08/2023 5:58:24 PM
Sonata Software inches up on witnessing high level of interest for `Harmoni.AI` Sonata Software is currently trading at Rs. 1030.85, up by 0.10 points or 0.01% from its previous closing of Rs. 1030.75 on the BSE. The scrip opened at Rs. 1015.10 and has touched a high and low of Rs. 1053.00 and Rs. 1015.10 respectively. So far 4323 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1094.00 on 18-Jul-2023 and a 52 week low of Rs. 487.50 on 30-Sep-2022. Last one week high and low of the scrip sto...
Sonata Software inches up on witnessing high level of interest for `Harmoni.AI`
Sonata Software inches up on witnessing high level of interest for `Harmoni.AI`
Source: Accord Fintech
16/08/2023 12:59:47 PM
Saksoft touches roof on acquiring Solveda Saksoft is locked its upper circuit limit at Rs. 341.85, up by 16.25 points or 4.99% from its previous closing of Rs. 325.60 on the BSE. The scrip opened at Rs. 341.75 and has touched a high and low of Rs. 341.85 and Rs. 324.10 respectively. So far 14419 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 342.30 on 16-Jun-2023 and a 52 week low of Rs. 92.55 on 21-Oct-2022. Last one week high and low of the scrip sto...
Saksoft touches roof on acquiring Solveda
Saksoft touches roof on acquiring Solveda
Source: Accord Fintech
16/08/2023 10:35:14 AM