TCS to outshine IT peers in 2023, says Motilal Oswal; here are the key reasons

In a recent report, brokerage house Motilal Oswal forecasted that the IT giant will outshine peers in 2023 on the back of its superior cost-focused capabilities to drive performance. The brokerage has a ‘buy’ call on this IT stock with a target price of ₹3,950.

Coforge stock gains 11% in a week to hit 9-month high; brokerages maintain ‘buy’ call

On January 20, Coforge posted a 24 percent increase in its consolidated net profit to ₹228 crore for the December quarter. The company posted a net profit of ₹183 crore in the year-ago quarter. Axis Securities has maintained its ‘buy’ call on the stock with a target price of ₹4,715 apiece.

IT sector margins to improve in next few quarters; Infosys, HCL Tech top picks: Kotak Institutional Equities

<ul><li>After being the worst performed sectoral index in 2022, the Nifty IT index has had a great start to 2023. In the current month, the index has risen by 7.33%, gaining from 28,621.70 level on December 30, 2022 to 30,309.95 level as on January 24.</li></ul>

This IT stock listed in 2020 is trading 425% above its IPO price. Should you buy now?

Happiest Minds Technologies is a Bangalore-based IT services company that provides end-to-end solutions in the digital space. The stock got listed on the exchanges on September 17, 2020, making it one of the most successful IPOs to date.

IT sector: Is the worst over? Here's what brokerages and analysts predict

The IT sector, which witnessed strong tailwinds during the times of the Covid-19 pandemic, seems to have hit rough weather.

Persistent systems rises 5.4% post Q3 numbers; Stock hits 4-week high

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Shares of Persistent Systems surged on Thursday after the company reported a 35.22% jump in its consolidated net profit for the December ending quarter. The board also declared an interim dividend of ₹28 per share for fiscal year 2022-2023 and announced a partnership with Microsoft to accelerate its growth. Over the last one year, the stock was down marginally by 2.86%, while in the last three-year period, the stock delivered a return of 492%.

IT sector Q3 earnings: 3 things you must check in results before investing in stocks

<ul><li>If the company’s results excite you, and you are looking forward to investing, let’s dive deep into how the quality of earnings might affect your investment decisions.</li></ul>

Should you buy, sell or hold Wipro after Q3 earnings? Here's what top brokerages say

In Q3 FY23, Wipro had record order bookings of over $4.3 billion, up 26% YoY in CC terms. For the full year, the company expects revenue growth from the IT services business to be in the range of 11.5–12 percent.

Bonanza Portfolio bullish on eClerx despite sharp fall in a year; sees 21% upside — key reasons

The rapidly growing Indian KPO industry will boost eClerx's revenue, as the company is a niche player in the space and is well positioned to benefit from the growth.

Some mid, smallcap IT stocks may double in the next one year, says Basant Maheshwari

Basant Maheshwari believes the market has discounted a recession in the US and pointed out that the local money has saved the Indian market from a crash.

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TCS to outshine IT peers in 2023, says Motilal Oswal; here are the key reasons

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