The company has further increased its revenue growth guidance to 16.5%-17.5% from 14%-16% given earlier.
"India's second largest IT company reported a net profit of Rs 5,421 crore for Q2 beating street estimates"
Wipro, Infosys, Mindtree, Hero Motocorp, KEC International, Westlife Development are some of the stocks that buzz in today's trade.
At today's meeting, the company's board of directors also approved an interim dividend of Rs 15 per share.
Reliance Industries was leading the chart of the top-10 most valued companies list followed by Tata Consultancy Services, HDFC Bank and Infosys
IT major TCS will announce its Q2 results on Friday, 8 October 2021. Infosys will announce Q2 results on 13 October 2021.Mar
Continued strong sequential growth momentum and expectation of qualitative commentary on growth beyond FY22 should help sustain the rally in IT stocks
Gartner’s estimates that outsourced IT services spend are likely to grow at an 8.6% CAGR over 2020-25.
Shares of 10 IT companies rose by 0.48% to 6.55% after IT services and consulting major Accenture on Thursday reported strong fourth quarter earnings.
The company has been engaging with the Chartered Accountant community to resolve the portal issues.