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Infosys, Wipro exceed Q2 revenue estimates
Infosys Revenue Guidance to Lift Indian IT Sector
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
India's Infosys beats Q2 revenue estimates
Infosys , India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.
Infosys Q2 revenue up 3.3%, Wipro's drops 2.3% YoY
Infosys saw a 3% year-on-year revenue growth in the BFSI sector for the September quarter, with guidance increased for the third consecutive quarter. Wipro's revenue fell 2.3% compared to the previous year but grew 0.
Infosys, Wipro exceed Q2 revenue estimates as client spending recovers
Indian software services giants Infosys and Wipro have surpassed quarterly revenue expectations, buoyed by a resurgence in spending from their primary clients in the financial sector. After more than a year of restrained spending amid economic uncertainties and elevated borrowing costs,
India's Infosys, Wipro top Q2 revenue estimates as spending revives
(Reuters) -Indian software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending. After over a year of curtailed spending due to economic uncertainty and high borrowing costs,
14h
on MSN
Indian shares caught between Infosys-led IT slide and Axis Bank's boost
By Hritam Mukherjee (Reuters) -Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys's ...
4h
Infosys Q2 Results Live: Profit Rise by 4.73% YoY
Infosys Q2 Results Live : Infosys declared their Q2 results on 17 Oct, 2024, revealing a topline increase of 5.11% ...
cnbctv18
16h
Infosys shares fall after no positive surprise in Q2 but analysts see stock going up to ₹2,330
Out of the 45 analysts that have coverage on Infosys, 31 of them have a "buy" rating, nine of them say "hold", while five of ...
17h
on MSN
Indian shares drop as Infosys, autos drag
(Reuters) -Indian shares opened lower on Friday, as IT bellwether Infosys slid after a disappointing forecast and automakers ...
3h
on MSN
Infosys share price dips 5% as Q2 numbers miss expectations, guidance disappoints
Infosys’ shares fell 5% despite a revenue increase, as its guidance disappointed investors. Motilal Oswal remains optimistic ...
18h
Infosys developing small language model for specific industry applications
Parekh said the SLM will be rolled out across various sectors with a narrow data set for specific business needs.
18h
Infosys reverses this 'employee trend' after 6 quarters
Infosys reported adding 2,456 employees in Q2 FY25, ending a six-quarter hiring decline, with a total headcount of 3,17,788.
15h
Infosys stock falls 4% after mixed Q2 show: Should you buy, sell or hold it?
Infosys shares in Friday's trade will gain traction after the company posted largely mixed results with steady margins.
11h
Accumulate Infosys; target of Rs 2110: KR Choksey
KR Choksey recommended Accumulate rating on Infosys with a target price of Rs 2110 in its research report dated October 18, ...
15h
Infosys shares drop 4% as Q2 results disappoint D-St. Should you buy, sell or hold?
Infosys shares dropped 4% after its revenue forecasts missed expectations, despite a 5% YoY growth in net profit and revenues ...
9h
Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant
Infosys is on pace to reclaim its position as India’s second-largest IT services firm, with its quarterly revenue edging past ...
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