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CarTrade Tech jumps as foreign brokerage raises target
CarTrade Tech surged 5.02% to Rs 2,827.85 after a foreign brokerage reiterated its bullish view on the stock and raised its target price, signalling significant upside potential from current levels.
HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in Bengaluru
Global banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significant deal, valued at over Rs 3,000 crore for a 20-year lease, highlights Bengaluru's appeal for multinational financial firms. The under-construction campus, set for completion in October 2027, underscores the strong demand for integrated, high-quality office spaces in India's tech and finance hub.
Nomura expects IT firms to see 'anaemic' growth in FY27. Here are latest target prices for Infosys, TCS, and others
Nomura expects subdued near-term growth for Indian IT companies as macro uncertainty and weak tech spending weigh on demand ahead of Q1 earnings. However, it sees long-term opportunities emerging from AI-driven changes, with IT firms potentially expanding their addressable market as enterprises increasingly rely on system integrators in hybrid human–digital workflows.
Explained: Why Tata Elxsi shares crashed 7% after KPI Tech’s Q1 revenue, profit guidance warning
Tata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to a sudden slowdown in orders from European automakers. The update raised concerns over demand across the automotive engineering and software services space, weighing on peer stocks.
Kratikal Tech Share Price Today | BO: KARK - Investing.com India
Kratikal Tech Share Price Today | BO: KARKInvesting.com India
Cartrade Tech share price jumps 6%. Nomura sees more big upside - Mint
Cartrade Tech share price jumps 6%. Nomura sees more big upsideMint
This move by Dixon Tech could create a large and high-margin opportunity, Investec says
Beyond smartphones, Investec said Dixon's IT hardware and telecom businesses remain on a strong growth trajectory. It expects ongoing backward integration initiatives to support margin expansion from FY28 onwards.
KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?
KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and margin performance due to a sudden slowdown in orders from European automakers. Technical analysts caution that the stock remains under pressure, with key support seen around the Rs 550 level.
KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said
KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure.
CarTrade Tech shares rocket 6% as Nomura raises target price. Here are 3 reasons why
CarTrade Tech shares rose after Nomura reiterated its 'Buy' rating and raised its target price, citing stronger growth prospects for OLX. The brokerage expects artificial intelligence-led monetisation, new revenue streams, expanding margins and rising adoption of financing, escrow and logistics services to support long-term earnings growth.
KPIT Tech's warning causes a ₹6,000 crore dent in the market cap of its peers
Shares of Tata Technologies are now down for the fifth day running, even as they have recovered from the lows of the day on Wednesday. Tata Elxsi shares are down for the third day.
VA Tech WABAG spurts on bagging large international order for Vienna water works expansion
VA Tech WABAG rallied 3.84% to Rs 2,088 after it has secured a large international order from the City of Vienna's Municipal Department MA 31 - Wiener Wasser for the expansion of the Donauinsel Water Works in Vienna, Austria.