Coforge, Persistent clocked IT’s greatest present. Here is why the shares crashed nonetheless

[ad_1] Eighth-largest IT companies agency Coforge reported $442 million in income within the first quarter, up 9.6% sequentially, whereas ninth-largest Persistent Techniques reported $389.7 million, up 3.9% from the previous three months. Sixth-largest LTIMindtree Ltd was the slowest among the many mid-caps, reporting a 1.97% improve in income to $1.15 billion. In distinction, three of … Read more

VeriSign: A Essential Tech Inventory With Excessive Margins, Whereas Additionally Tackling Debt Masses

[ad_1] This text was written by Observe Albert Anthony is the pen identify of a Croatian-American enterprise creator who’s a media contributor on investor platform Searching for Alpha, the place he has over +1K followers, & additionally writes for platforms like Investing dot com and is launching a guide on Amazon in 2025 referred to … Read more

VW Lowers Outlook as US Tariffs Weigh on Audi, Porsche Margins

[ad_1] Volkswagen AG reduce its monetary outlook for the 12 months, with the escalating value of President Donald Trump’s tariffs weighing on earnings on the Audi and Porsche manufacturers. The automaker now sees an working return on gross sales as little as 4%, from at the least 5.5% beforehand. Volkswagen cited the US duties, inside … Read more

HDFC Financial institution shores up provisions as agri slippages rise; margins below strain

[ad_1] Mumbai: HDFC Financial institution elevated its provisioning buffers within the quarter ended June (Q1FY26) amid an increase in slippages from agricultural loans, resulting in a marginal deterioration in asset high quality. Whereas the quarter noticed steady progress in loans and deposits, margin strain endured — and the financial institution indicated this development is prone … Read more