Mastek Ltd’s 12 month order backlog was Rs 946.7 crore ($129.6m) as on 31 st December, 2020 as compared to Rs 940.5 crore (US$ 127.5 mn) in Q2FY21, ref..
Growth momentum to continue
Sonata posted better-than-expected growth in the IT services (IITS) and Domestic Product Services (DPS) segment. IITS revenue grew 5.1% QoQ..
Religare Super Idea**
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Despite the modest performance in the recent past, eClerx is likely to witness a gradual recovery in growth on account of stable deal momentum, no client rol..
Hold Tech Mahindra Ltd For Target Rs.1,010
Limited scope for further surprises
The key rationale behind our earlier BUY rating on TechM was the potential surprise o..
Broad-based revenue acceleration
* Revenue grew 15.6% QoQ to USD184.8mn (14.6% QoQ/23.8% YoY in CC), driven by a broad-based recovery and continued momentum in mortgag..
COFORGE added around 11% in open interest addition as LONG buildup was seen in it in till closing time. Current chart pattern also indicates further u..
IT services rearview mirror: 3QFY21 earnings review
Strongest third quarter in the past five years
* The Indian IT services industry reported one of its strongest t..
* Stock has given a fresh breakout with good volume last week which suggest stock is all set to trend northward.
* Overall structure is still up as stock is trading ab..
In the golden era of growth
* The 28% revenue beat was primarily driven by a 37% outperformance in Consumer Electronics (TVs). Customer additions, better realizations..
As the Nifty50 continues to climb historic highs, stocks in the commodities, IT and finance sectors dominated the bullrun during the benchmark index's journey from 10..
The company reported standalone net profit of Rs 14.22 crore for the quarter ended December 31, 2020 as compared to Rs 19.67 crore in the same period last year, registeri..
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rate decision, US stimulus likely constraints to rupee's further appreciation
NCLT approves sale of IL&FS education arm to LEHL
Hyundai Motor India adds new Board members
Vodafone Idea board to mull raising funds post AGR verdict
Google AI helping India boost maternal health
Finance Minister Nirmala Sitharaman joins leaders of tomorrow at IIM Ahmedabad for interactive session
`Apparel exporters in Faridabad should get benefits of EPCG`
Indian shares tumbled on Friday By Keshav Lahoti, Angel Broking
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