Positive results from tech giants resulting in rise of tech companies. TCS reported Dollar revenue growth 7.1% to $5,420 million while expectation $5287mn. Company reported EBIT margin at 26.2% from 23.6% (QoQ) while expectation 24.8. Market hope of other tech players will be announced good quarterly results. Wipro will announceQ2 results on 13th October and Infosys on 14th October (ADR up 5%). #MOMarketUpdates #MotilalOswal #ITstocks #Indianstockmarkets #Coforge #L
Posted on : 12 Oct 2020 7:17 PM
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