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KPIT Technologies zooms 8% as margins expand 150 bps YoY in Q4

Shares of KPIT Technologies zoomed nearly 8 per cent to Rs 209 apiece on the BSE on Thursday after the company posted better-than-expected March quarter results. The Pune-based IT services firm reported net profit of Rs 47 crore for the fourth quarter ended March 31, 2021 up 23.6 per cent year-on-year. Sequentially, profits were up 9.3 per cent. The company reported operating margin expansion by 150 basis points due to improvement in utilisation and offshore revenues. Margins expanded from 13...
Kishor Patil Kpit Technologies Pit Tech Q4 Result Pit Q4 Earnings கிஷோர் பாட்டீல்

fund managers: Mutual funds buy select tech, pharma and auto ancillary

Bought by: SBI MF Besides the qualified institutional placement (QIP), a key factor which has caught fund manager’s attention towards the stock of Max Healthcare is its buying of 42.8 per cent stake in Saket City Hospitals (South Delhi) from Kayak Investments Holding. The company already had 57.2 per cent in Saket City Hospitals. This increase in stake has come at a time India’s healthcare sector is growing given the increasing demand for beds and other ailments associated with the pandemic...
Kayak Investments Holding Max Healthcare Institute Max Healthcare Saket City Hospitals South Delhi Kayak Investments

Birlasoft named a Top 15 Sourcing Standout by ISG

Birlasoft announced that it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm. Birlasoft was among the leading providers in the Booming 15 category globally, as well as for the Americas region based on Annual Contract Value (ACV) won over the last 12 months, according to the 1Q 2021 Global ISG Index. This is the fourth time in a row that Birlasoft has been featured across categories by ISG. Powered by Capital ...
Information Services Group Annual Contract Value Capital Market Kpit Technologies Economy Of India Information Technology

Birlasoft launches Pega Center of Excellence

Birlasoft announced the launched a Pega Center of Excellence (COE) on the onset of the Global Premier Consulting partnership with Pegasystems Inc. In these extraordinary times where customer experience is seeing an accelerated shift towards digital-first approach, and automation has become imperative to achieve competitive advantage, this COE will enable Birlasoft to help its clients accelerate their business transformation programs. Pegasystems delivers innovative software that crushes busine...
Pega Center Pegasystems Inc Global Premier Consulting Customer Engagement Intelligent Automation Connected Assets

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Volumes soar at KPIT Technologies Ltd counter

KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 lakh shares Torrent Pharmaceuticals Ltd, Supreme Industries Ltd, India Tourism Development Corporation Ltd, Suprajit Engineering Ltd are among the other stocks to see a surge in volumes on BSE today, 10 March 2021. KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 ...
Torrent Pharmaceuticals Ltd Technologies Ltd India Tourism Development Corporation Ltd Supreme Industries Ltd Suprajit Engineering Ltd Kpit Technologies Ltd

Information Technology stocks edge higher

Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 472.53 points or 1.91% at 25199.15 at 09:48 IST. Among the components of the S&P BSE IT Sector index, Brightcom Group Ltd (up 5.39%), Ramco Systems Ltd (up 5.06%),Majesco Ltd (up 4.98%),Tanla Platforms Ltd (up 4.31%),Sonata Software Ltd (up 3.98%), were the top gainers. Among the other gainers were 3i Infotech Ltd (up 3.86%), RPSG Ventures Ltd (up 3.7%), Birlasoft Ltd (up 3.33%), Sasken Technologi...
Moons Technologies Ltd Tanla Platforms Ltd Majesco Ltd Birlasoft Ltd Ventures Ltd Sonata Software Ltd

Information Technology shares slide

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index falling 567.07 points or 2.23% at 24877.14 at 13:48 IST. Among the components of the S&P BSE IT Sector index, 3i Infotech Ltd (down 4.88%), Tech Mahindra Ltd (down 4.23%),Aptech Ltd (down 4.19%),Tata Elxsi Ltd (down 4.18%),Birlasoft Ltd (down 3.76%), were the top losers. Among the other losers were Mindtree Ltd (down 3.54%), Cerebra Integrated Technologies Ltd (down 3.42%), HCL Infosystems Ltd (down 3.31%...
Infosystems Ltd Tanla Platforms Ltd Lt Technology Services Ltd Coforge Ltd Birlasoft Ltd Sonata Software Ltd

Information Technology shares slide

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index falling 77.94 points or 0.3% at 25895.84 at 13:48 IST. Among the components of the S&P BSE IT Sector index, 63 Moons Technologies Ltd (down 2.55%), Ramco Systems Ltd (down 1.79%),KPIT Technologies Ltd (down 1.44%),Tata Consultancy Services Ltd (down 1.3%),Aptech Ltd (down 1.29%), were the top losers. Among the other losers were Sonata Software Ltd (down 1.11%), eClerx Services Ltd (down 1.1%), Tanla Platf...
Moons Technologies Ltd Tanla Platforms Ltd Technologies Ltd Majesco Ltd Sonata Software Ltd Ramco Systems Ltd

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