Even as some of India's largest IT stocks are trading up to 25% below their 52-week peak levels, bargain hunters obsessed with PE valuation multiples aren't finding enough reasons to…
The market capitalisation of BSE-listed firms hit a fresh all-time high of Rs 294.49 lakh crore in Wednesday's morning trade as the benchmark Sensex reached its lifetime peak of 63,588.31.…
Shares of IT major Wipro, which is the worst Nifty performer in the last one year, are under the radar today as its Rs 12,000 crore share buyback could deliver…
Indian IT companies are facing the heat amid an uncertain economic environment accentuated by weak global macros. As fears of economic slowdown have grown leading to delay or cancellation of…
NEW DELHI: Snubbing bearish views of most foreign institutional investors (FIIs) on IT stocks amid recession-related worries in western economies, India's largest domestic investor LIC is making a contra bet.The…
NEW DELHI: Wipro's Rs 12,000 crore share buyback program helped investors overlook the IT major's weak outlook for Q1 FY24 as the shares rallied 3.6% on Friday.At 15X FY25 EPS,…
Shares of Bengaluru-based IT major Wipro rose nearly 3% to Rs 378 in Monday's trade after the company announced that it will consider a share buyback proposal on April 27…
NEW DELHI: Bengaluru-based IT major today announced that it will consider a share buyback proposal on April 27 along with the release of its March quarter report card.In a regulatory…
Mumbai: US brokerage firm JP Morgan maintained its underweight stance on the Indian IT sector and said the technology services companies remain at continuous risk of earnings de-rating and downgrades.…
NEW DELHI: The world over investors have been dumping bank stocks in the wake of the banking turmoil in the US and Europe but foreign institutional investors (FIIs) are singing…