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tech mahindra: Nifty IT index stocks: Is this the time to be contrarian?

In August 2021, one sector which had “ buy and strong buy” written all over it was IT or more commonly called software sector. Today, a number of them have “hold” recommendations by analysts. In case of stocks where they have buy recommendations their price targets are very modest, or in a number of cases analysts are expecting that the valuations of IT stock are still high and there is room for further decline in prices, Though they have refrained from giving “ sell” recommendations. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. ....

Market Research , Reports Plus , Unlimited Access , Economic Times , Saver Sale , Membershipclaim Offer , Prime Story , Debit Cards , Includes Docubay , Economic Times Stories , Industry Trends , Virtual Events , Tech Mahindra , Tata Consultancy Services , Shares To Buy , Persistent Systems , Nifty It Stocks , Nifty It Index Stocks , Hcl Technologies , Business Solutions ,

information technology: Global captives pip IT in hiring in a first in 3 years

While overall IT industry hiring has been flat amid lacklustre demand, GCCs continue to hire as they are mostly greenfield projects set up from scratch, industry insiders and experts said. ....

Pari Natarajan , Kamal Karanth , Tata Consultancy Services , Lt Technology Services , Information Technology , Global Capability Centres ,

Lexmark, TCS partner to transform digital core

The digital core is being developed to elevate user experience across finance, order to cash, and supply chain functions, TCS said. ....

Vishal Gupta , Services Business Groupv Rajanna , Global Head For Technology , Tata Consultancy Services On , Consultancy Services , Chief Information , Technology Officer Vishal Gupta , Agile Innovation Cloud ,

tcs: Lexmark, TCS partner to transform digital core

The company will help Lexmark take its Optra platform, which bridges IoT device data with core business systems, to manufacturing and retail clients globally. ....

Vishal Gupta , Global Head For Technology , Tata Consultancy Services On , Services Business Groupv Rajanna , Tata Consultancy Services , Chief Information , Technology Officer Vishal Gupta , Agile Innovation Cloud , Digital Core Transformation ,

fitch: Indian IT sector growth may half, to be 8-10% for FY24-25: Fitch Ratings

The growth forecast cuts in overall US and Europe economies by the same firm is cited as the reason behind the IT sector s revenue deceleration. Fitchs global economic outlook published in June forecasts US real GDP growth to slow to 1.2% and 0.5% in calendar years 2023 and 2024, respectively, from 2.1% in 2022. ....

Fitch Ratings , Indian It , Tata Consultancy Services , Hcl Tech ,