IT majors InfosysBSE 2.15 % and Tata Consultancy Services (TCSBSE 2.03 %) both met Street expectations with their December quarter numbers.
Where Infosys retained its guidance for the year, signaling stability in business environment for the company, TCS expects a rebound on the back of strong growth in key sectors, like retail, and in major markets, like the US.
Infosys on Friday reported a 37.6 per cent sequential growth in December quarter net profit at Rs 5,12 ..
TCS on Thursday posted a 1.3 per cent quarter-on-quarter (QoQ) increase in net profit at Rs 6,531 crore. Analysts in an ET Now poll had estimated the bottom line figure to come in at Rs 6,532 crore. TCS had posted a net profit of Rs 6,446 crore in the sequential quarter ended September 30, 2017.
In case of Infosys, per capital revenue crossed $53,000 for the first time ever in Q3FY18.
In last one year, shares of Infosys and TCS have risen 8 per cent and 18 per cen ..
Where Infosys retained its guidance for the year, signaling stability in business environment for the company, TCS expects a rebound on the back of strong growth in key sectors, like retail, and in major markets, like the US.
Infosys on Friday reported a 37.6 per cent sequential growth in December quarter net profit at Rs 5,12 ..
TCS on Thursday posted a 1.3 per cent quarter-on-quarter (QoQ) increase in net profit at Rs 6,531 crore. Analysts in an ET Now poll had estimated the bottom line figure to come in at Rs 6,532 crore. TCS had posted a net profit of Rs 6,446 crore in the sequential quarter ended September 30, 2017.
In case of Infosys, per capital revenue crossed $53,000 for the first time ever in Q3FY18.
In last one year, shares of Infosys and TCS have risen 8 per cent and 18 per cen ..
Benchmark BSE IT index advanced 15.30 per cent to 11,699 from 10,144 in the same period.
TCS' December quarter revenues and margins remained broadly in line with estimates, said Sharekhan.
"Given the positive commentary on the retail vertical and continued growth momentum in the digital vertical, we expect earnings to grow at a CAGR 8.5 per cent over FY2017-FY2020. However, given the regulatory overhan ..
TCS' December quarter revenues and margins remained broadly in line with estimates, said Sharekhan.
"Given the positive commentary on the retail vertical and continued growth momentum in the digital vertical, we expect earnings to grow at a CAGR 8.5 per cent over FY2017-FY2020. However, given the regulatory overhan ..
The board of Allahabad Bank will meet on Saturday to consider employee share purchase scheme (ESPS)- an innovative way to raise capital from employees. The CEO of the bank, Usha Anantha subramaniuan, had earlier said that the bank plans to raise Rs 350 crore from ESPS route wherein the bank will issue shares to all categories of employees. Shares of Allahabad Bank fell 4.6% to close at Rs 68.7 a share on Tuesday at Bombay Stock Exchange.
Allahabad bank said that the board will co ..
Allahabad bank said that the board will co ..
nice news...thanks you
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