Wipro shares crash 9% on weak Q1, soft guidance; brokerages cut price targets
Analysts turned bearish on Wipro and downgraded the IT stock after it guided for -1% to +1% QoQ growth for Q2 FY25.
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Infosys shares hit 52-week high as Q1 beats estimates; surge 20% in a month
Infosys shares touched a 52-week high of ₹1,843 today, rebounding 40% against its 52-week low of ₹1,311.60 touched on July 21, 2023.
Brokerages see up to 19% upside in TCS on robust Q1 performance
Analysts seem to be bullish on the IT major’s prospects and have raised target price to up to ₹4,660, against Thursday’s closing price of ₹3,922.70.
Wipro shares jump 4% on winning $500 mn contract
The IT heavyweight has maintained an uptrend for the last three sessions and rose nearly 10% during the same period.
Should you buy, sell or hold TCS shares after Q4 results?
Post Q4 numbers, most brokerages remained bullish on TCS, expecting the share price to rise up to 15% to ₹4,700 from the current market price.
Infosys shares rise 2% on ₹6,329 cr tax refund
The IT major will receive tax refund from the I-T dept for assessment years spanning from 2007-08 to 2018-19.
TCS shares fall 3% amid block deal; Tata Sons likely seller
Tata Sons was looking to offload 2.34 crore, or 0.65%, shares of TCS at a floor price of ₹4,001 per share through block deals.
TCS shares hit fresh all-time high; rise 11% in 2024
Extending gaining streak for the fourth straight session, TCS shares rose as much as 2.6% to scale a new peak of ₹4,229.30 on the BSE.
Tech Mahindra shares fall 6% post Q3; what should investors do?
The IT major’s net profit fell 60.6% YoY to ₹510 crore, while revenue from operations slipped 5% to ₹13,101 crore in Q3 FY24.
TCS buyback: IT major trades ex-date; stock down 1%
TCS shares declined 1.2% to hit a low of ₹3,468 as the stock turned ex-date for share buyback today.
