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Vodafone Idea is considering fundraising options to raise equity capital, crucial for its survival in the telecom industry. The company remains engaged with parties for network expansion and 5G rollout. The stock has seen gains, but concerns about debt and network upgrades persist. ....
HCL Technologies has slightly reduced its revenue growth guidance for FY24 from 5-6 percent YoY in constant currency terms to now 5-5.5 percent, though it has maintained its margin guidance of 18-19 percent. ....
“Among IT midcaps, Coforge remains our top pick. The new management has taken the aggression in the company to a completely different level. Coforge could well be on track to traverse the trajectory of Cognizant of the yesteryears, not of the recent past, of the early 2000s, when Cognizant used to be one of the most aggressive companies in the industry.” ....
Infosys Limited (NYSE:INFY) Q2 2024 Earnings Call Transcript October 12, 2023 Infosys Limited reports earnings inline with expectations. Reported EPS is $0.18 EPS, expectations were $0.18. Operator: Ladies and gentlemen, good day and welcome to the Infosys earnings conference call. As a reminder, all participant lines will be in listen-only mode and there will be […] ....