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Cognizant share

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Cognizant share

 

More Stories on Cognizant share
Infosys had already expressed concerns about Cognizant’s recruitment tactics last year, particularly regarding the loss of key personnel to its competitor.

A trade secret lawsuit in the US starts a fresh war between Infosys and Cognizant

Aug 24, 2024

"Infosys is aware of the lawsuit. We deny all allegations and will defend our position in the court,” Infosys stated in response.

IT stocks: Nirmal Bang has reiterated its 24 month old ‘underweight’ call on the Indian IT services as it believes the sector is in a ‘slower for longer’ environment.

Cognizant Q1 results: Key takeaways for TCS, Infosys, HCL Tech, Wipro & other IT firms

May 02, 2024

TCS, Infosys Wipro: Nirmal Bang said valuations for most IT stocks are expensive in relation to their 5-year or 10-year histories and it sees no material upside to FY25/FY26 earnings for its coverage in the next 12 months.

JM Financial believes said the earning upgrades for IT firms won’t be as forthcoming. It said S&P500 earning upgrades have been minimal over past six months and US banks are still talking about driving cost efficiencies.

TCS, Infosys, Wipro, HCL Tech, TechM shares: What Cognizant's Q4 results, weak commentary hint at

Feb 08, 2024

Cognizant's results and commentary were weaker than most large-cap Indian IT Services companies, which have started talking about bottoming out (TCS) and green-shoots (Wipro).

Cognizant to lay off 3,500 employees as Q1 net profit up 3% YoY

May 04, 2023

Cognizant's margins currently stand at 14.6 per cent, which is comparable to Tech Mahindra, and is among the lowest in the IT industry

Nuvama Institutional Equities is not concerned on the sector outlook so far. It said Cognizant's March quarter performance was decent but the outlook the IT firm provided for June quarter was uninspiring. (Photo: Reuters)

Cognizant 2023 guidance: Key takeaways for Infosys, TCS, Wipro, HCL Tech & TechM

May 04, 2023

Nirmal Bang Institutional Equities said doing a read-through for the Indian IT services industry from Cognizant's guidance and commentary has not been a fruitful exercise in the past, but things have been changing.

Debashis Chattterjee has been appointed as the Mindtree CEO for a period of five years.

Mindtree appoints Cognizant's Debashis Chatterjee as new CEO

Aug 02, 2019

Debashis Chatterjee, appointed as the Mindtree CEO for a period of five years, is the first individual outside the 7-member founding team to hold the office

PC: India Today

Cognizant's bank freeze raises spectre of tax terror

Mar 29, 2018

The timing of the bank freeze has raised concerns around tax terrorism.

Infosys stock closes lower amid Rs 13,000-crore share buyback

Nov 30, 2017

The share buyback, is the first in the company's 36-year long history, and will see Infosys buying back over 11.30 crore shares at Rs 1,150 apiece. At 11:36 am, the stock was trading 0.36 percent higher at 986.50 level in an otherwise weak market.

Wipro surges 5 5 percent on share buyback decision

Jul 17, 2017

Shares of India's third largest IT company Wipro surged over 5.5 per cent on the bourses today on the back of the company's decision to consider a buyback of equity shares in their board meeting next week.

HCL Technologies stock hits new 52-week high ahead of board meeting on buyback today

Mar 20, 2017

The stock which is listed on both NSE and BSE, rose to yearly high of 879 level intraday. It opened at Rs 870 level and hit intra-day low of Rs 864 on the BSE.

Share buybacks: How does a company benefit from buying back shares

Feb 27, 2017

'Share buyback' has become the buzz word after the recent announcements of IT majors Cognizant and TCS to buy back shares. In fact, recent reports have suggested that Infosys may follow a similar strategy and announce a share buy back of $2.5 billion (Rs 17,000 crore) in April.

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