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Mid- and small-cap IT firms enjoy premium at bourses

The smaller IT companies have a P/E multiple of nearly 38 times against the big five’s current P/E multiple of around 31x. Illustration: Dominic Xavier/Rediff.com The rally in mid- and......

Wipro Q1 net profit up 35.6% at Rs 3,242.6 crore

IT major Wipro on Thursday reported a 35.6 per cent jump in consolidated net profit to Rs 3,242.6 crore for the June 2021 quarter. Wipro had registered a net profit (attributable to equity......

Strong deal pipeline may boost Q1 show of IT firms: Analysts

Analysts across brokerage houses are pegging revenue growth in the range of 1.5 per cent to 4.5 per cent. Illustration: Dominic Xavier/Rediff.com A seasonally-strong quarter, with no immediate......

3 major drivers for the markets this week

Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Illustration:......

Crisil sees 11% revenue growth for IT industry in FY22

The Indian IT industry will stage a “strong recovery” in 2021-22 with a revenue growth of up to 11 per cent, ratings agency Crisil said on Wednesday. Illustration: Dominic......

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