Previous close | 1,186.10 |
Open | 1,181.25 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 1,172.55 - 1,193.75 |
52-week range | 982.95 - 1,416.00 |
Volume | |
Avg. volume | 72,242 |
Market cap | 1.162T |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 37.44 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 44.00 (3.71%) |
Ex-dividend date | 02 Nov 2023 |
1y target est | N/A |
Indian engineer B. Ramachandran now prefers living in the smaller cities than the major tech hubs of Bengaluru and Chennai. Some are already finding it easier to hire staff in tier 2 cities, in contrast to before the pandemic when workers largely went from smaller cities into the country's major IT hubs for jobs. "The HR and I used to drive down to Bengaluru and Chennai to interview experienced talent and convince them to move to Madurai," said Selvaganesh M.P, founder of IT firm SMI that was bought by mid-cap IT company Happiest Minds in 2023.
MUMBAI/BENGALURU (Reuters) -India's Tech Mahindra posted a 60.6% drop in third-quarter net profit on Wednesday, missing estimates as clients continued to hold back spending in communications and banking segments. The fifth-largest Indian IT services company's net profit fell to 5.10 billion rupees ($61.36 million) for the three months ended Dec. 31, 2023, from 12.97 billion rupees a year earlier. Analysts, on average, expected a profit of 6.17 billion rupees, according to LSEG data.
Investing.com-- India’s Nifty 50 index hit record highs on Monday, breaching the 22,000 level as index heavyweight Wipro (NYSE:WIT) led a rally in technology stocks on stronger-than-expected earnings.