Infosys announced its Q1 FY25 results on Thursday, July 18, 2024. The Infosys stock price spiked 9.7% from July 12 to July 19, one day after TCS announced its results. Management revised revenue growth projections to 3%-4% from the earlier estimates. Key Highlights from the Company Fact Sheet for the Quarter Ended June 30, 2024:…
One day after TCS announced its results, TCS stock rose by 6.59%, and the broader Nifty IT index grew by 4.53%. India’s largest English-language business and finance news channel highlighted this with the message: “Good Q1 for IT bellwether TCS.” In this commentary, we remove all the froth and focus on data. Let’s dive deep…
Press releases serve as potent tools for companies to strategically position themselves within their target markets, captivating prospective customers, talent, and investors. By disseminating key messages, companies effectively spotlight strengths, achievements, and offerings, bolstering brand visibility, credibility, and investor interest. This commentary scrutinizes press releases issued by publicly listed top IT companies – Infosys, TCS,…