-
After its announcement of below expectation results for the second quarter on Monday, Tata Consultancy Services shares crashed over 7% on Tuesday. However, Sandip Agarwal, IT analyst at Antique Stock Broking says the TCS results have 'nothing negative'.
-
Aniruddha Mehta, research analyst, IIFL India Pvt Client expects TCS’ Q2 margins to expand by 60 bps. Rupee depreciation will have a positive impact on their margins but the IT giant is expected to report foreign exchange loss of Rs 175 crore.
-
After Infosys cheered the market on Wednesday, all eyes will now be on Tata Consultancy Services, which reports its second quarter earnings on Monday.
-
Infosys Q2 profit up, outlook eases market worries
-
It took a beating over a disappointing first quarter and then uncertain global economic environment. However, Infosys shares have seen good momentum over the last one month rising over 15% as the rupee has depreciated.
-
Calling it a 'strong buy' at the back of Infosys' second quarter results, Sandip Agarwal, IT analyst with Antique Stock Broking says the company has done extremely well for bringing the improvement in the utilization numbers.
-
Infosys today said the global macro-economic situation will have a bearing on clients' IT budgets next year and it has already started observing delays in the process of decision-making for new projects.
-
The country's second-largest software exporter Infosys is on the lookout for acquisitions in the products and platforms space, a top official today said.
-
As the country’s second largest software services exporter Infosys reported a growth of 10.81% in the net profit for the quarter ended September 2011, Moshe Katri, managing director of Cowen & Co says the market is ultimately going to look for the big picture — the budgets for the calendar year 2012.
-
Infosys Q2 profit up, cuts revenue outlook
-
The IT bellwether is happy and brimming. After three disappointing quarters, Infosys has finally brought smiles to investors. Infosys reported a second quarter consolidated net profit of Rs 1,906 crore, up near 10% from a year ago, while revenue was up around 17% to Rs 8,099 crore.
-
IT bellwether Infosys on Wednesday reported a 9.72% growth in its consolidated net profit to Rs 1,906 crore for the second quarter ended September 30
-
Expert views on Infosys` quarterly results
-
After three disappointing quarters, the tech bellwether has gone all out in its guidance that will cheer markets. Nilesh Shah of Envision Capital says Infosys is all set to shed its image of an underperformer.
-
Emkay has come out with its earning estimates on IT sector for the quarter ended September 2011. According to the research firm, Infosys September quarter net sales are expected to go up by 7.3% at Rs 8035 crore, quarter-on-quarter, (QoQ) basis.
-
Country's second largest software services exporter Infosys is set to report a growth of 9.9% quarter-on-quarter in profit of Rs 1,891 crore for the second quarter of FY12, according to CNBC-TV18 estimates.
-
Technology bellwether Infosys will announce its results on Wednesday. The first quarter was a disappointment with higher wages and currency fluctuations hurting margins. The mood is little upbeat now as the rupee depreciation in recent months is expected to boost its July-September earnings.
-
Although Kawaljeet Saluja, associate director and head of research, Kotak Institutional Equities, expects a 5% dollar revenue growth in Q2, he said, the company may knock off a percent or two from the dollar revenue growth guidance for FY12.
-
KR Choksey has come out with its earning estimates on IT sector for the quarter ended September 2011. According to the research firm, Infosys September quarter net sales are expected to go up by 7% at Rs 8,011 crore, quarter-on-quarter, (QoQ) basis.
-
Dolat Capital has come out with its earning estimates on IT sector for the quarter ended September 2011. According to the research firm, IT September quarter net sales are expected to go up by 6.2% at Rs 7952.8 crore, quarter-on-quarter, (QoQ) basis.
-
Motilal Oswal has come out with its earning estimates on IT sector for the quarter ended September 2011. According to the research firm, Infosys September quarter net revenue is expected to go up by 6% at Rs 7934 crore, quarter-on-quarter, QoQ basis.
-
The second quarter (July-September) earnings season will gather momentum shortly as technology major Infosys unveils its numbers on Wednesday. IT companies had a disappointing first quarter, as wage hikes and an uncertain business environment in the US and Eurozone chipped away at the operating margins.
-
Infosys is expected to announce its second quarter result on October 12. Most experts feel that the recent fall in the rupee will help boost Q2 earnings of the Indian IT companies like Infosys. Ashwin Mehta from Nomura India too feels that Infosys is likely to benefit most from the rupee's depreciation.
-
PINC Research has come out with its earning estimates on IT sector for the quarter ended September 2011. According to the research firm, Infosys September quarter net revenue is expected to go up by 7.6% at Rs 8052.5 crore, quarter-on-quarter (QoQ) basis.
-
In an interview with CNBC-TV18, Viju George, executive director of JPMorgan said, Tata Consultancy Services has delivered a very good set of numbers. However, that, he said, does not lead to any earnings per share (EPS) upgrades. “The street has not also majorly revised upwards EPS numbers for FY12 and FY13,” he added.
