Infosys Q2 Review: Strong Deal Flow Underpins Guidance Upgrade, Says Dolat Capital Infosys Ltd. reported revenue growth of 2.2%/2.9% QoQ/YoY in constant currency, beating estimates. The company’s operating profit margin expanded 20 basis points QoQ to 21.0%, driven by currency tailwinds and operational gains. Deal Flow and Guidance Upgrade The strong deal flow has underpinned […]
Infosys Q2 Review: A Comprehensive Analysis of Performance and Outlook Infosys Ltd., one of India’s leading IT services companies, has released its Q2 financial results, providing valuable insights into the current state of the IT sector and its growth prospects. In this article, we will delve into the key highlights of Infosys’ Q2 performance, the
LTIMindtree Q2 Review: ICICI Securities Maintains ‘Reduce’ Rating Amidst 14% Downside Forecast LTIMindtree Ltd.’s Q2 results have been reviewed by ICICI Securities, which has maintained its ‘Reduce’ rating on the stock. The brokerage firm has cited a potential 14% downside in the stock’s price, based on its target price. In this article, we will delve
Nifty Hits One-Year High On Diwali Eve: What’s Driving The Rally India’s benchmark Nifty 50 index has achieved a significant milestone, hitting a one-year high during early trade on Friday. This surge was primarily driven by a strong performance from financial stocks, with telecom, auto, and oil and gas sectors contributing the most to the
Google’s $15 billion AI hub in Andhra Pradesh is a game-changer. Here’s what it means—for Vizag, startups, students, India’s AI future. What if India suddenly became an AI powerhouse, not just in apps or services, but in the very infrastructure that drives next-gen intelligence? That’s the bold vision behind Google’s $15 billion AI hub in
India must fire on all cylinders—reforms, trade, demand, innovation—to sustain growth and aim for 8 %. Here’s your roadmap. Imagine you’re steering a high-performance car. You need every cylinder firing, every part finely tuned, to hit top speed. That’s exactly the metaphor the IMF recently used for India’s economy—“fire on all cylinders”—to underscore urgency and
US Stock Market Today: Wall Street Opens Higher On Back Of Strong Earnings The S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite erased previous day’s losses and opened higher on Wednesday after strong earnings boosted investor sentiment and soothed trade-war jitters. Tech-heavy Nasdaq Composite opened nearly 1% or 208.59 points higher at 22,730.30,
Infosys Q2 Results Preview: Margin Expansion In Focus Infosys Ltd. is expected to post a 4% rise in consolidated profit to Rs 7,222 crore for the July–September quarter, according to Bloomberg estimates. Revenue is projected to grow 4% sequentially to Rs 44,008 crore, while Ebit is seen up 6% to Rs 9,338 crore. Analysts expect
Nifty Set to Surge Further: Key Support at 25,200; Trade Setup for October 16 The NSE Nifty 50 is expected to continue its upward movement, having shrugged off the negativity from the previous session, according to analysts. The daily chart indicates that Nifty has formed a bullish candle with a higher high and higher low,
RBL Bank To Mull Fundraise On Oct 18 Amid Emirates NBD Stake Sale Speculations RBL Bank Ltd. on Wednesday announced that it will consider raising funds in its scheduled meeting of the board of directors on Oct. 18, via issue of eligible securities of the Bank, as per an exchange filing on BSE. Background of