Rupee hits all-time low; TCS, Infosys, HCL Tech among stocks to benefit from weak currency, say experts | Stock Market News

Rupee hits all-time low; TCS, Infosys, HCL Tech among stocks to benefit from weak currency, say experts | Stock Market News

Source: Live Mint The declining value of the rupee against the US dollar presents a mixed impact on various industries. Some sectors are facing challenges, while others, particularly software exporters, are optimistic about potential benefits in the future. A significant portion of Indian IT services companies’ revenue comes from overseas contracts, particularly in North America….

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Infosys’ mixed signals give cold vibes to investors

Infosys’ mixed signals give cold vibes to investors

Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…

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