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Tata Consultancy Services Ltd.

21 Jul 2024

3135.80

-0.39%

Mcap of 8 of top-10 most valued firms jumps Rs 2.1 trn; TCS, LIC sparkle

Business Standard

The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers. Last week, the BSE benchmark climbed 85.31 points or 0.10 per cent. The 30-share BSE Sensex hit its new all-time high of 81,587.76 on Friday. Stock markets were closed on Wednesday on account of Muharram. From the top-10 group, the valuation of TCS zoomed Rs 42,639.16 crore to Rs 15,56,772.61 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) surged Rs 36,748.23 crore to Rs 7,01,695.24 crore. Infosys added Rs 33,569.16 crore, taking its valuation to Rs 7,44,396.43 crore, while State Bank of India's mcap climbed Rs 26,372.23 crore to Rs 7,93,576.49 crore. Hindustan Unilever's mcap soared Rs 24,494.49 crore to Rs 6,40,651.30 crore, and that of ITC jumped Rs 19,420.52 crore to Rs 5,92,679.30 crore. The market ..

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Geojit BNP Paribas increased Buy price target of Tata Consultancy Services Ltd. to 3691.0 on 15 Jul, 2025.

Ramco Systems Ltd.

21 Jul 2024

395.70

-1.71%

Focus remains strong in delivering innovative solutions: Ramco Systems

Business Standard

Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said. The focus of the city-based enterprise software product provider, remains strong to deliver innovative solutions that drive efficiency, productivity and competitive advantage for the clients, Chairman P R Venketrama Raja said. "Businesses worldwide are significantly increasing their technology investments. Organisations are prioritising digital transformation initiatives, recognising that their competitive edge and value creation depend on effectively leveraging technology across processes, products, services and customer experiences," Raja said. Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations. "We have been working tirelessly to strengthen our core operations to seize new growth...

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Ramco Systems Ltd. is trading above its 200 day SMA of 390.1

Netweb Technologies India Ltd.

20 Jul 2024

Results

1927.00

-2.06%

Netweb Tech Q1 results: Firm's net profit jumps 3-fold to Rs 15.4 cr

Business Standard

IT hardware company Netweb Technologies on Saturday posted over three-fold jump in net profit to Rs 15.4 crore in the April-June quarter of 2024-25. The company had posted a net profit of Rs 5 crore in the same period a year ago. Total income also increased to Rs 153.21 crore during the reported quarter from Rs 60.2 crore in June 2023 quarter. "AI systems has emerged as a pivotal growth pillar, contributing significantly to our operating revenue, with its share increasing to 14.6 per cent in the quarter gone by, marking a robust growth of 146 per cent YoY," Sanjay Lodha, Chairman and Managing Director, Netweb Technologies said.

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Netweb Technologies India Ltd. has gained 32.03% in the last 3 Months

Wipro Ltd.

19 Jul 2024

Dividend

259.20

-1.01%

Wipro plans to hire 10,000-12,000 freshers from campuses in FY25

Business Standard

Wipro joins other large IT services firms, which also announced plans to visit engineering campuses to hire freshers, as utilisation hits an all-time high and demand in some biz shows improvement

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Wipro Ltd. is trading below its 30 day SMA of 264.0

In Q1 FY25, Wipro reports tepid numbers, ADR down 10%

Business Line | 19 Jul 2024 7 more

Wipro Q1 FY25 results: Net profit rises 5.2% to Rs 3,036.6 crore

Business Standard | 19 Jul 2024

Wipro's Q1 results: Standalone net profit dips to 2,374.6 cr

Business Line | 19 Jul 2024

Wipro Q1 Results: Profit Rises 6%, In Line With Estimates

NDTV Profit | 19 Jul 2024

Wipro's stock slips ahead of Q1FY25 earnings; check what analysts expect