Tag Archives: IT sector

Infosys rallies for 8th straight day, hits record high; up 13% in a month

By | June 16, 2021

Shares of Infosys rose 1 per cent to hit a record high of Rs 1,484.10 on the BSE in intra-day trade on Wednesday in an otherwise subdued market. The stock of the information technology (IT) major surpassed its previous high of Rs 1,480 touched on April 12, 2021. Infosys was trading higher for eight… Read More »

HCL Tech Q3 PAT jumps 35% YoY to Rs 3,969 cr; ups revenue guidance to 3%

By | January 15, 2021

HCL Technologies on Friday posted a 34.8 per cent year-on-year (YoY) jump in its consolidated net profit to Rs 3,969 crore for the December 2020 quarter (FY2021) from Rs 2,944 crore posted in the same period last year. Sequentially, the figure rose 26.2 per cent. Meanwhile, the revenue for the quarter under review increased… Read More »

Brokerages remain bullish on Asian equities despite US poll cliffhanger

By | November 5, 2020

Most brokerages remain bullish on Asian equities from a medium-to-long term perspective despite the US poll cliffhanger that may see Joe Biden occupy the White House amid protest and court cases by the Republican Donald Trump. As things stand, Joe Biden is projected to emerge on top with wins in key states of Michigan… Read More »