Nifty IT News and Updates

Name: Latest research reports of Persistent Systems Ltd. authored by KRChoksey and published by - Trendlyne research reports.
Item: Persistent Systems Ltd.
Rating: 1
Author: KRChoksey

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Persistent Systems Ltd.

23 Jan 2025

5876.50

7.96%

Ambitious growth targets clash with stretched valuations

Sell: Persistent Systems Ltd.

Target

KRChoksey

PSYS delivered 22.6% YoY revenue growth in Q3FY25, driven by strong vertical performance and acquisitions. EBIT grew 25.5% YoY, while PAT surged 30.4% YoY, reflecting improved margins and robust execution.

Persistent Systems Ltd. is trading above all available SMAs

Persistent Systems Ltd.

22 Jan 2025

5876.50

7.96%

Persistent Systems Results Earnings Call for Q3FY25

Conference Call with Persistent Systems Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.

Infosys Ltd.

22 Jan 2025

1626.90

7.91%

BNP Paribas Sees India IT As Bright Spot On US Monetary Easing Cycle, Chooses Infosys, TCS

NDTV Profit

According to BNP Paribas, there is enough reasons to find comfort in Indian IT's valuation.

Infosys Ltd.'s price crossed above 50Day SMA today

Persistent Systems Ltd.

22 Jan 2025

5876.50

7.96%

to see Rapid results content

Coforge Ltd.

22 Jan 2025

8311.50

8.21%

Coforge Share Price Live blog for 22 Jan 2025

livemint

Coforge Share Price Today Live Updates : Coforge stock price went down today, 22 Jan 2025, by -4.51 %. The stock closed at 8654.65 per share. The stock is currently trading at 8264.2 per share. Investors should monitor Coforge stock price closely in the coming days and weeks to see how it reacts to the news.

Number of FII/FPI investors increased from 600 to 659 in Mar 2025 qtr.

Infosys Ltd.

22 Jan 2025

1626.90

7.91%

Infosys Share Price Live blog for 22 Jan 2025

livemint

Infosys Share Price Today Live Updates : Infosys stock price went down today, 22 Jan 2025, by -0.74 %. The stock closed at 1813.25 per share. The stock is currently trading at 1799.8 per share. Investors should monitor Infosys stock price closely in the coming days and weeks to see how it reacts to the news.

Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.

Persistent Systems Ltd.

22 Jan 2025

5876.50

7.96%

From strength to strength

Buy: Persistent Systems Ltd.

Target

Motilal Oswal

Persistent Systems (PSYS) reported 3QFY25 revenue of USD360.2m, up 4.3% QoQ in USD terms (est. 3.9%) and 4.6% in CC. EBIT margin stood at 14.9% (est. 14.4%).

Number of FII/FPI investors increased from 860 to 904 in Mar 2025 qtr.

Tata Consultancy Services Ltd.

21 Jan 2025

3620.40

5.24%

IT companies report growth in margins in Q3

Business Line

TCS was an outlier reporting decline in margins but remained optimistic about an uptick in coming quarters

Geojit BNP Paribas decreased Buy price target of Tata Consultancy Services Ltd. to 3671.0 on 23 Apr, 2025.

Infosys Ltd.

21 Jan 2025

1626.90

7.91%

Indian IT sector's talent management to evolve, says Infosys CTO at Davos

Business Standard

India's No.2 software services exporter is one of several IT companies that use 'pyramid' model - where a company employs highest number of staff at entry level, and fewer at each subsequent levels

Infosys Ltd. is trading below its 100 day SMA of 1729.9

Tech Mahindra Ltd.

21 Jan 2025

1573.10

5.32%

Why Tech Mahindra's turnaround is still a distant dream

livemint

Tech Mahindra's transformation journey is showing progress, with improved margins and strong deal wins. However, challenges in the communications segment and margin pressures highlight the steep path to achieving long-term targets.

Tech Mahindra Ltd. has an average target of 1779.70 from 10 brokers.

Is Nifty IT worth buying?

538 Votes:

Buy 79.18%

Sell 12.83%

Hold 7.99%

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Nifty IT PB	7.9
Nifty IT PE	28.6
Nifty IT DIV	2.7
Nifty IT EPS	1,338.1

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Nifty IT News and Updates

Keep track of all breaking news on Nifty IT from all sources in a single place.