Following the earnings announcement, the leadership team of the IT major will be part of a common press conference at p. IST, the company informed the exchange.Other international brokerage houses like Jefferies, Edelweiss Securities maintained 'Buy' recommendation on the stock as well. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. The Zacks Consensus Estimate for earnings stands at 13 cents, implying a decline of 7. Edited by Rupa Burman Roy.
TCS, Infosys to report Q4 results today: 5 things to watch out for 3 min read. Despite March being a seasonally weak quarter for IT companies, Elara Capital expects India IT services firms to report a report quarter of revenue growth.
Infosys and TCS shares edged higher today in early trade. Second-ranked Infosys is set to report first-quarter results next Friday. The company is likely to post a 5.
The New York- and Mumbai-listed company is expected to keep its outlook for revenue growth in constant currency terms unchanged at 7. Infosys share price opened report a gain of 4. Later, Infosys shares rose 6.
In terms of constant currency CC , revenues were up The Zacks Consensus Estimate for earnings stands at 13 cents, implying a decline of 7. The company will conduct a single 60 minute conference call at p. IST, where the senior management will discuss the company's performance and answer questions from participants. TCS is banking on the wave of outsourcing orders worth billions of dollars it bagged since the beginning of last year to drive its growth this year. The company has forecast yet another year of double-digit increase in revenue in fiscal Second-ranked Infosys is set to report first-quarter results next Friday. Overall, 9 lakh shares and lakh shares currently changing hands on BSE and NSE, both above 3, 5, 10 day average volume traded. Edited by Rupa Burman Roy. Some analysts expect Infosys to guide for a higher growth in FY TCS in the December quarter had posted a fourth straight quarter of year-on-year double-digit revenue growth in constant currency terms. Margins: The margin prospects of IT companies assume critical importance in the light of major cost headwinds in the form of wage inflation owing to talent shortage, say analysts.
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