Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 249.25 points or 0.97% at 25407.09 at 13:48 IST. Among the components of the S&P BSE IT Sector index, Brightcom Group Ltd (down 3.99%), Nucleus Software Exports Ltd (down 3.77%),3i Infotech Ltd (down 3.72%),Larsen & Toubro Infotech Ltd (down 3.16%),Datamatics Global Services Ltd (down 3.05%), were the top losers. Among the other losers were Accelya Solutions India Ltd (down 2.75%), eClerx Services Ltd (down 2.13%), KPIT Technologies Ltd (down 1.98%), Aptech Ltd (down 1.78%), and TVS Electronics Ltd (down 1.73%). On the other hand, Intellect Design Arena Ltd (up 7.79%), NELCO Ltd (up 7.26%), and Indiamart Intermesh Ltd (up 5.42%) turned up.
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In the fall of 2019, the information technology industry analysis firm Gartner announced its top 10 strategic technology trends for 2020. At the top of the list: hyperautomation. Now that it’s 2021, has hyperautomation lived up to its hype?
Gartner defines hyperautomation as “an effective combination of complementary sets of tools that can integrate functional and process silos to automate and augment business processes.” Among the tools in this combination: robotic process automation or RPA, process discovery, process mining, intelligent business process management systems or iBPMS, low-code and business rules engines.
Such a motley list of older and newer product categories generally leaves both enterprise process leaders and software vendors scratching their heads. Is Gartner really recommending that companies purchase several process tools with the hopes of somehow getting them to work together? Why is RPA just one item on the list, when RPA has taken the enterpris
Datamatics Global Services Ltd posts Rs. 22.15 crore consolidated PAT in Q3 FY2020-21
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DATAMATICS GLOBAL SERVICES LTD. has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.305.88 crores during the period ended December 31, 2020 as compared to Rs.286.68 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.22.15 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.15.42 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.3.76 for the period ended December 31, 2020 as compared to Rs.2.62 for the period ended September 30, 2020.
Information Technology stocks were trading with losses, with the S&P BSE IT Sector index falling 437.11 points or 1.68% at 25515.04 at 13:48 IST. Among the components of the S&P BSE IT Sector index, Wipro Ltd (down 3.87%), Tata Elxsi Ltd (down 3.66%),L&T Technology Services Ltd (down 3.16%),Aptech Ltd (down 3.05%),Brightcom Group Ltd (down 2.75%), were the top losers. Among the other losers were Firstsource Solutions Ltd (down 2.74%), Tech Mahindra Ltd (down 2.62%), Cyient Ltd (down 2.61%), Sonata Software Ltd (down 2.58%), and Birlasoft Ltd (down 2.56%). On the other hand, Datamatics Global Services Ltd (up 5.62%), 3i Infotech Ltd (up 4.95%), and Majesco Ltd (up 4.93%) moved up.
At 13:48 IST, the S&P BSE Sensex was down 505.47 or 1.07% at 46904.46.
Read more about Information Technology shares gain on Business Standard. Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 109.14 points or 0.42% at 26175.63 at 09:48 IST.