Page 27 - Kpit Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 13.5 per cent YoY on cost-saving measures. The company is targeting to keep the operating profit margi...

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. The company has 16 healthcare facilities. Analysts estimate that the company is likely to maintain...

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 Market - Live News (This story has not been edited by Business Standard staff and is auto-generated ...

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 business complexity. From maximizing customer lifetime value to streamlining service to boosting efficien...

Read more about Information Technology stocks edge higher on Business Standard. Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 205.97 points or 0.78% at 26576.4 at 09:48 IST.