IT Stock News
Stock market today: Sensex today tumbles 270 points, Nifty slips below 25K in range-bound trade; IT stocks bleed
Indian stock market closed lower, with technology stocks suffering due to U.S. growth concerns. The Nifty 50 fell by 0.30%, while broader markets saw interest in defence and railway sectors.
3 min read19 May 2025Top Indian IT companies report first-ever revenue decline since 2020. What awaits investors in Q1?
Indian tech companies faced a challenging March quarter, with revenue declines reported across major IT services. Cautious spending and project delays may lead to continued headwinds in upcoming quarters.
2 min read6 May 2025Coforge Q4 Results: PAT jumps 17% YoY to ₹261 crore; dividend declared. Details here
Coforge Q4 Results: Coforge reported a 17% YoY increase in consolidated profit to ₹261 crore for Q4 FY25, with revenue up 47% to ₹3,409.9 crore. A $1.56 billion TCV deal and a growing pipeline indicate strong growth potential for FY26. The board declared a ₹19 interim dividend per share.
2 min read5 May 2025Nifty IT extends falls for 4th straight month in April, posts longest losing streak in nearly a decade
Nifty IT index ended April down 3%, marking a four-month losing streak. Seven of ten index constituents, including Coforge and Wipro, saw declines. Despite a recent rebound, the index remains in bear territory, impacted by global trade tensions and cautious forecasts from major IT firms.
2 min read1 May 2025Multibagger IT stock faces target price cuts after Q4 results. Do you own?
Multibagger small-cap IT stock in focus: Domestic brokerages have lowered target multiples for KPIT Technologies following its Q4FY25 performance, citing uncertain demand and no revenue guidance for FY26.
3 min read1 May 2025Cognizant Q1 Results: IT major posts better-than-expected earnings, raises annual revenue forecast on strong AI demand
Cognizant Technology Solutions raised its revenue forecast and surpassed Q1 expectations, driven by demand for AI IT services. The company anticipates annual revenue of $20.5 billion to $21.0 billion and reported Q1 revenue of $5.12 billion, slightly exceeding analyst estimates.
1 min read1 May 2025Nifty IT index on an uptrend: Why are IT stocks rising? What should investors do? Experts recommend these stock picks
IT stocks like TCS, Infosys, and HCL Tech saw gains on April 29, boosting the Nifty IT index by 2%. Experts attribute the rise to stable Q4 results and potential US-China trade deals, suggesting a focus on firms investing in AI and digital transformation.
3 min read29 Apr 2025IT stocks face turbulence in 2025—but these 5 undervalued picks offer long-term potential
India’s IT sector is grappling with global headwinds, but the long-term story remains intact. AI adoption, cloud modernization, and a rebound in tech spending could lift these undervalued stocks—and reward patient investors.
5 min read28 Apr 2025Why global diversification is more than a buzzword for Indian investors
As economic volatility rises, experts at Mint Horizons Mumbai emphasised that global investment is essential for managing risk and achieving resilience. With various options available, investors should align their portfolios with international trends and currencies.
3 min read25 Apr 2025Brokerages cut target price on this mid-cap IT stock after Q4FY25 miss. Is it in your portfolio?
Cyient share price, one of India’s leading IT companies, plunged 9.5% in intraday trade on Friday, April 25, falling to ₹1,125 apiece. Today's decline came after the company’s March quarter results (Q4FY25) fell short of analyst expectations.
2 min read25 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared