Continued strong sequential growth momentum and expectation of qualitative commentary on growth beyond FY22 should help sustain the rally in IT stocks
Gartner’s estimates that outsourced IT services spend are likely to grow at an 8.6% CAGR over 2020-25.
Shares of 10 IT companies rose by 0.48% to 6.55% after IT services and consulting major Accenture on Thursday reported strong fourth quarter earnings.
Asian stocks traded mixed on Friday even as US shares rallied overnight and easing fears of contagion from China Evergrande Group's debt crisis.
MFs invested heavily in Chemplast Sanmar and Nuvoco Vistas in August.
There is a push for women empowerment in India in many fronts and the upcoming Ola factory in Tamil Nadu is a landmark in this mission
Management commentaries across large & midcap players suggest some pricing power has come back to the IT-services industry, at least for niche skills.
With a market capitalisation of Rs 13.84 lakh crore, Reliance Industries is the most valued firm
Most of the top IT services companies in India are giving 100% variables for the first quarter of fiscal 2022 and even better pay hikes
At the close of trade, the market capitalisation (mcap) of Tata Consultancy Services was Rs 13,14,051.01 crore on BSE