Oct 21, 2015 09:00 AM IST
IT services firm Zensar Technologies posted a strong set of second quarter numbers, clocking profit of Rs 91.34 crore on revenues of Rs 758.65 crore.
- Oct 14, 2015 12:02 PM IST
Brokerages are still bullish on the stock. Most analysts are, however, concerned about its Japan business, insurance platform Diligenta and high hiring guidance.
- Oct 14, 2015 10:16 AM IST
TCS CFO Rajesh Gopinathan is confident the IT behemoth will make the transition and says its mammoth size will not be an "inherent disadvantage".
- Oct 14, 2015 10:10 AM IST
For Kawaljeet Saluja of Research at Kotak Institutional Equities, Infosys remains a top pick backed by accelerated growth. However, TCS still remains an add.
- Oct 14, 2015 09:00 AM IST
A day after TCS posted a largely muted set of quarterly earnings, CEO N Chandrasekaran said the company was witnessing 'weak spots' in the business and said its constant currency growth could see a "gap of 1.5-2 percent...explained by softness" in certain areas of the business.
- Oct 13, 2015 10:24 AM IST
Ravi Menon, Analyst-IT Services, Elara Capital expects TCS to deliver 4.2 percent as constant currency growth and 3.9 percent in dollar terms in Q2.
- Oct 12, 2015 01:16 PM IST
According to Rumit Duggar of Religare Capital Markets the dollar revenue growth would be around 9 percent and FY16 EPS would be around Rs 57.5.
- Oct 12, 2015 11:55 AM IST
Infosys is "working hard to beat its constant currency guidance", CEO Vishal Sikka told CNBC-TV18.
- Oct 12, 2015 11:09 AM IST
The stock fell off the cliff within minutes and touched intraday low of Rs 1108.90 per share, touching as low as 5 percent. News of revising dollar revenue and CFO Rajiv Bansal's resignation led the stock into a tizzy soon after.
- Oct 12, 2015 10:14 AM IST
Moshe Katri, IT industry analyst is confident of the company will beat the FY16 dollar revenue guidance of 10-12 percent and match industry growth.
- Oct 09, 2015 11:15 AM IST
In an interview to CNBC-TV18, Nischal Maheshwari, Co-Head, Institutional Equities & Head-Research at Edelweiss Securities shared his readings and outlook on the upcoming earning season.
- Oct 09, 2015 10:27 AM IST
IIFL analyst Sandeep Muthangi advises investors to add Infosys to their portfolios.
- Oct 09, 2015 10:09 AM IST
Dollar revenue may rise 3.6 percent quarter-on-quarter to USD 2,337 million and rupee revenue is seen rising 5.9 percent to Rs 15,210 crore in the quarter ended September 2015.
- Jul 21, 2015 12:59 PM IST
Infosys is confident of meeting its guidance of 10-12 percent growth for fiscal 2016. Basking in the aftermath of a fantastic quarterly performance, Infosys CEO Vishal Sikka and CFO Rajiv Bansal spoke to CNBC-TV18 to explain the success story.
- Jul 21, 2015 10:00 AM IST
Infosys' first quarter dollar revenues in constant currency terms surged 4.4 percent to USD 2.25 billion, ahead of both the previous quarter's number and analyst forecasts.
- Jul 21, 2015 08:11 AM IST
Sales are expected to increase by 4.8 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 14051.6 crore, according to Motilal Oswal.
- Jul 20, 2015 12:53 PM IST
In an interview with CNBC-TV18, Vibhor Singhal, Analyst at PhillipCapital, outlined his expectations from Infosys earnings, which is slated to declare numbers tomorrow.
- Jul 20, 2015 10:07 AM IST
According to a CNBC-TV18 poll, profit after tax is expected to fall 2.5 percent sequentially to Rs 3,017 crore while revenue is seen rising 5 percent to Rs 14,097 crore in the quarter ended June.
- Jul 09, 2015 10:26 AM IST
Preferring Infosys over TCS in terms of valuations, Menon says a 3.2 percent dollar growth is expected of Infosys. He says its margins and growth are likely to converge with that of TSC's.
- Jul 07, 2015 09:39 AM IST
Negative sentiment may have been already priced in as two other mid-cap companies Persistent and KPIT Technologies have also issued earnings warnings. Persistent had alerted investors that certain client specific issues could result in dollar revenue decline sequentially.
- Apr 27, 2015 10:20 AM IST
Investors should focus on the positive guidance laid out by the company, which sounds â€œachievableâ€, according to Kawaljeet Saluja, executive director and head of research, Kotak Institutional Equities.
- Apr 27, 2015 08:28 AM IST
Analysts are mixed on the Vishal Sikka-led company with most brokerages still betting on it but slashed target price and earnings per share (EPS) estimates.
- Apr 24, 2015 05:57 PM IST
The country‘s second largest software services, Infosys, is looking to eschew its conservative image and plans to go out and buy a few companies, largely in the digital space, though it is also open to considering acquisitions in the traditional services.
- Apr 24, 2015 03:36 PM IST
IT major Infosys missed street expectations with the profit falling 4.7 percent sequentially to Rs 3,097 crore in the quarter ended March 2015.
- Apr 24, 2015 03:31 PM IST
Sikka is aiming to achieve industry leading profitable growth by FY17. He also wishes to achieve the lowest level of attrition in the industry and attract the best talent.