Infosys shares have highest weight in Nifty IT index; TCS positioned second

Infosys shares have highest weight in Nifty IT index; TCS positioned second

IT stocks are in focus as the top Indian software companies, Tata Consultancy Services (TCS), Infosys, Wipro and Persistent Systems, have announced their Q4 results. The Nifty IT index, the benchmark that gauges the performance of IT stocks, has failed to give any return in the year 2024 so far. The Nifty IT index has … Read more

Stocks to Watch: Jio Financial, Vi, Aster DM, Cipla, Asian Paints

Stocks to Watch: Jio Financial, Vi, Aster DM, Cipla, Asian Paints

Vodafone Idea: The company is optimistic about its ₹18,000-crore follow-on public offer (FPO) receiving full subscription, particularly from anchor investors. The company’s CEO, Akshay Moondra said that the company plans to roll out 5G services within six to nine months after the FPO. This will involve fast-tracking orders for 5G equipment from vendors. It aims … Read more

TCS Q4 results on 12 April; From Dividend to focus on guidance, know about everything

TCS Q4 results on 12 April; From Dividend to focus on guidance, know about everything

Tata Consultancy Services Ltd recently  has notified to the exchanges that the company’s board of directors would meet on April, 12, 2024, to discuss and approve its audited standalone financial results for the year ending March 31, 2024, prepared in accordance with Indian Accounting Standards (Ind AS). TCS Board will further approve and take on … Read more

Tata Investment stock loses more than ₹20,000 crore in market capitalisation in just two weeks

Tata Investment stock loses more than ₹20,000 crore in market capitalisation in just two weeks

Tata Investment Corporation Ltd. witnessed a 21% decrease this week following a 22% decline last week, the stock’s performance has been notably bearish. Tata Investment stock, on Friday, hit 5% lower circuit for the ninth time in the past 10 trading sessions. The stock soared to an all-time peak of ₹9,756 on March 7 before … Read more