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Market leader Tata Consultancy Services (TCS), with a market value in the vicinity of Rs 14 lakh crore, indicated a recovery in BFSI orders in the Q4 quarter. Brokerages also said Infosys financial services performance was better than anticipated. ....
India's IT services giants may struggle to justify their valuations when they kick off Asia's reporting season this week, as earnings are expected to be the weakest in years. ....
India’s tech sector index, which includes Infosys Ltd. and Tata Consultancy Services Ltd., rallied 12% in the three months through December, powered by a global rally in the space after a dovish pivot by the Federal Reserve. ....
Indian It Stocks: India’s tech sector index, which includes Infosys Ltd. and Tata Consultancy Services Ltd., rallied 12% in the three months through December, powered by a global rally in the space after a dovish pivot by the Federal Reserve. India’s tech stocks trade at about a 30% premium to the broader market. Improved sentiment aside, IT earnings remain under pressure. ....