* The stock has recently generated a resolute breakout above the falling trendline joining the high of Feb’20 (Rs.1062) and May’20 (..
Technical Updates: Ichimoku Indicator Suggests Wipro Ltd has a Bullish trend. Directional Movement Indicator Suggests Wipro Ltd is in Bullish trend.
BUY WIPRO ABOV..
Infosys on Friday said that the class action lawsuit filed against the company in the US has been "voluntarily dismissed" by the plaintiff.
In October ..
Continuing its impressive performance in the information technology sector, Telangana clocked over Rs 1.28 lakh crore IT exports during 2019-20, a growth of nearly 18 per..
We downgrade Cyient to REDUCE from ADD post a weak performance and bleak growth outlook. Services growth and margin performance in 4Q was disappointing. ..
Maintain REDUCE on Persistent (PSYS) on in-line rev performance, even as dichotomy continued between TSU business and a shrinking Alliance unit. Despi..
Decent performance; Soft outlook!
Direct international drives growth, deal wins healthy
* Deal wins (USD 201mn) during the quarter were healthy, 12% above the 4 q..
Financial technology company Lendingkart Technologies on Tuesday said it raised an equity round of more than Rs 319 crore in its Series D round -- comprising Rs 233 crore..
Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable desp..
Challenges ahead, will emerge stronger
We maintain BUY on Sonata despite near term challenges. IT services (IITS) revenue was lower than est. but margin was inline. Th..
Cognizant’s commentary echoes that of Indian IT
Anticipates pressure on projects, with long payback periods
* Barring the revenue/margin impact related to an..
Worse than feared but priced-in
In our recent update on Cyient (read here), we had expected revenues (USD) and EBIT (INR) to decline by 15% and 40% respectively from Q..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Daily Market Commentary 26 May 2020 by Mr. Siddhartha Khemka, Motilal Oswal
Indian edible oil conference postponed amid coronavirus outbreak - organiser
Microsoft Surface Duo to come with advanced stylus support
Exclusive: ECB prepares for the worst: life without the Bundesbank - sources
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