Page 35 - Infosys

TCS, HCL Tech, Infy: How to trade IT stocks ahead of Q3 results?

The overall trend in the IT stocks have remained laggard and continues to bear high risk element.

8 of top 10 firms lose Rs 1 trn in mcap; Infosys, HDFC Bank, TCS top losers

Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. Barring Hindustan Unilever and Life Insurance Corporation of India (LIC), eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Infosys tumbled Rs 25,185.37 crore to Rs 6,09,687.79 crore, the most among the top 10 firms. The mcap of HDFC Bank tanked Rs 18,375.41 crore to Rs 8,89,130 crore. The valuation of Tata Consultancy Services (TCS) eroded by Rs 17,289.02 crore to Rs 11,75,287.30 crore and that of ICICI Bank diminished by Rs 14,447.69 crore to Rs 6,07,140.65 crore. State Bank of India's market valuation slumped Rs 11,245.01 crore to Rs 5,36,012.18 crore. HDFC's valuation declined by Rs 7,419.45 crore to Rs 4,74,018.02 crore and that of Reliance Industries Limit

Stocks to Watch: HDFC, IndusInd Bank, PVR, Orient Cement, RIL, IT, FMCG

Stocks to watch today: In a relief to multiplexes, the Supreme Court on Tuesday said that theatre owners had the right to prohibit outside food and beverages on their premises

Infosys recognised with 'A' score for transparency on climate change

Infosys has been recognised for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual 'A List'

BS BFSI Insight Summit: Top pvt bank execs to take part in panel discussion

From Amitabh Chaudhry, MD & CEO, Axis Bank to Rakesh Sharma, MD & CEO, IDBI Bank here is the list of panelists from private sector banks of India at BSFI Insight Summit

Accenture's retained FY23 guidance hints slowdown for IT firms: Analysts

For FY23, Accenture has maintained its 8-11 per cent growth guidance. This is reportedly the first time since FY17 that the company has not upgraded its full-year guidance after the first quarter

Young minds should put nation's interest above self: Narayan Murthy

The Infosys founder was addressing students and researchers at the GMR Institute of Technology in Andhra Pradesh, which was observing its Silver Jubilee Year

TMS Ep326: Infosys turns 40, World Cup in Qatar, markets, flag meeting

As Infosys turns 40, what may be its future challenges? What makes the World Cup in Qatar unique? Can Adani's media foray sustain a rally in related stocks? What is a flag meeting? Answers here

As Infosys turns 40, what may be its future challenges?

IT major Infosys marked its four decades in business on Wednesday. While the founders spoke about the future course of the company, what are the challenges it needs to address in the next 10 years?

Infosys@40: From an idea in a one-bedroom apartment to a $71.41 bn company

The IT services company which was established four decades ago is focusing on cutting-edge innovations in areas such as cybersecurity, cloud computing and data analytics

I'm last of the jokers left; no plan B after I leave Infosys: Nilekani

'I was completely wrong,' Murthy rues not allowing founders' children to join the company

Infosys aims to create India different from 20th century model: Murthy

IT giant Infosys founder N.R. Narayana Murthy said on Wednesday that the company aims to create an India which would be different from the 20th century model

Infosys founders take trip down memory lane on company completing 4 decades

As IT major Infosys commemorated its four decades of existence, its founders reminisced about the company's journey on Wednesday. N R Narayana Murthy, Nandan M Nilekani, S Gopalakrishnan, S D Shibulal and K Dinesh took a trip down memory lane at its campus here. "I am the last of the jokers left," quipped Nilekani, the non-executive Chairman of the NASDAQ-listed IT company headquartered here. Nilekani said he now has the huge responsibility of "putting in place the leadership structure, people with right values to take it (the company) forward". Stating that putting the right persons at the top echelons of the company was the "biggest thing" on his mind, Nilekani said: "I haven't found a person who I can hand over (the charge).

IT stocks tumble as Credit Suisse warns of valuation-led correction

Indian IT valuations, the brokerage and research house argues, are at large premium to history despite material correction from the top

IT sector may be ripe for cherry picking; analysts more positive on Infosys

Investors though should be selective; analysts more positive on Infosys and Persistent Systems

Reliance most valued Indian firm; 2 Adani units join top ranks: Study

Top 500 companies in Burgundy Private Hurun India's list are worth $2.7 trillion

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%

The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%

India Inc takes mental health to heart but challenges remain

Firms using data, sensitising managers to help employees as experts say more awareness, acceptability needed

Nifty IT in pullback mode: Infosys, HCL Tech, KPIT can rally up to 15%

The Nifty IT index has recovered smartly from its September lows, and if the current momentum sustains select IT stocks could witness a medium-term bullish trend.

Mcap of 9 of top 10 firms climbs Rs 79,798 cr; TCS, Infosys biggest winners

Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners. In the last week, the 30-share BSE Sensex climbed 630.16 points or 1 per cent. The barometer settled at 62,293.64, its fresh record closing high on Friday. Barring Adani Enterprises, all the 10 most valued firms including Reliance Industries, HDFC Bank, ICICI Bank and Hindustan Unilever Limited witnessed gains in their valuation. The market valuation of TCS jumped Rs 17,215.83 crore to Rs 12,39,997.62 crore. Infosys added Rs 15,946.6 crore taking its valuation to Rs 6,86,211.59 crore. The market valuation of Reliance Industries rallied Rs 13,192.48 crore to Rs 17,70,532.20 crore and that of Hindustan Unilever climbed Rs 12,535.07 crore to Rs 5,95,997.32 crore. ICICI Bank's market capitalisation (mcap) zoomed Rs 6,463.34 crore to Rs 6,48,362.25 crore and that of Bharti Airtel gained Rs 5,451.97 cr