Page 13 - Kpit Technologies News Today

KPIT Technologies said it expects the acquisition of first tranche of 25 per cent stake in Future Mobility to be completed in September 2021, while 100 per cent acquisition is expected by the last quarter of financial year 2023-24.

The third interesting theme we participated in nearly a decade ago was the real estate rental yield play, particularly in the commercial real estate space. Over the last few years, large PE investors have invested billions of dollars in Indian commercial real estate as they were attracted to high rental yields of 8-9 per cent, a trend that we identified and accordingly participated in a Mumbai-based listed company – NESCO. Over the last ten years, the real estate index (largely dominated by h...

Birlasoft announced that it has won three distinguished partner awards at the recently held, virtual annual Oracle JD Edwards Partner Live townhall event. Birlasoft received top honors in the following categories Product Innovation-Enterprise Integration, Cloud Centric-Oracle Cloud Platform, Customer Centricity-Bringing Customers back on JD Edwards. These awards acknowledge the partner who has displayed distinct ability in providing innovative product solutions to integrate the JD Edwards solu...

Read more about Information Technology shares fall on Business Standard. Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 46.64 points or 0.17% at 27580.67 at 13:49 IST.

Read more about Information Technology shares spurt on Business Standard. Information Technology stocks were trading with gains, with the S&P BSE IT Sector index rising 408.89 points or 1.49% at 27885.04 at 09:49 IST.

Explore Now Daljeet Singh Kohli, CIO, Stockaxis.com, says KPIT, Birlasoft and MindTree are his favourite stocks when it comes to the IT basket. Edited excerpts from an interview: Is it time to relook at disinvestment candidates? I think the move related to disinvestment has already been factored in most of the stocks, especially BPCL and Concor. This has been going on for almost a year now; it took more time than what was expected. From here onwards, the next move we have to watch out for wil...

Astec Lifesciences Ltd, Birlasoft Ltd, Dollar Industries Ltd and Natco Pharma Ltd are among the other gainers in the BSEs A group today, 24 May 2021. Astec Lifesciences Ltd, Birlasoft Ltd, Dollar Industries Ltd and Natco Pharma Ltd are among the other gainers in the BSEs A group today, 24 May 2021. JTEKT India Ltd spiked 17.40% to Rs 112.65 at 11:49 IST. The stock was the biggest gainer in the BSEs A group. On the BSE, 4.9 lakh shares were traded on the counter so far as against the average dai...

On a consolidated basis, Birlasofts net profit rose 43.3% to Rs 98.98 crore on 0.5% fall in net sales to Rs 902.86 crore in Q4 March 2021 over Q4 March 2020. Profit before tax grew 23.4% to Rs 136.80 crore in Q4 FY21 as against Rs 110.86 crore in Q4 FY20. EBITDA stood at Rs 152.40 crore, up 5.5% QoQ & 30.5% YoY. EBITDA margin was at 16.9%, up 401 bps YoY. In US$ terms, revenue stood at $123.3 million, up 3.2% QoQ. The company signed deals of total contract value (TCV) $326 million during the q...

IDBI Bank, Tata Motors and 50 other stocks look set to rally, signals MACD SECTIONS Share Getty Images Some of these stocks sending out bullish signals gained up to 13% in Tuesdays trade so far. Related NSE NBCC and UPL, looked strong on momentum oscillator MACD or moving average convergence divergence on Tuesday. The momentum indicator signalled bullish crossovers — a sign of bullish undertone — on these counters, hinting at possible upsides in the days ahead. Some of these stocks have cli...

IDFC Core Equity mutual fund review: Needs to show improvement in return profile Synopsis A narrow market rally in past two years hurt its return profile and is yet to recover amid recent broader market uptick. The presence of a skilled veteran at the helm provides comfort but needs to show improvement in return profile. ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed ...