Tag: 52Week

Infosys share price hits new 52-week high again today, rallies 124% since March; HCL Tech at new high



logo: Infosys stock has been on a gaining spree for nine days, rising 13.74 per cent.


© Provided by The Financial Express
Infosys stock has been on a gaining spree for nine days, rising 13.74 per cent.

Infosys share price gained over one per cent to hit a fresh 52-week high of Rs 1,146.50 apiece for the second consecutive day on BSE. IT bellwether on Monday announced that it has completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. The stock has been on a gaining spree for nine days, rising 13.74 per cent. Another IT stock, HCL Technologies too hit a fresh 52-week high of Rs 885 apiece on BSE. “The acquisition of Kaleidoscope Innovation demonstrates Infosys’ commitment to innovate for its clients, and make a meaningful impact on human lives through a combination of cutting-edge technologies,” the company said in a press release. 

IT

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TCS, Infosys, Wipro shares hit new 52-week high today; BSE IT index rallies 90% since March



a group of people sitting at a desk: From March lows of 10,937.37, BSE IT index has rallied over 90 per cent


© Provided by The Financial Express
From March lows of 10,937.37, BSE IT index has rallied over 90 per cent

IT stocks were in focus today as TCS, Wipro, Infosys and Mindtree shares hit fresh 52-week highs on Monday. BSE Information Technology index rose 3.32 per cent to climb up to a new record high. During the second quarter of FY21, BSE IT index surged 31.7 per cent, significantly outperforming BSE Sensex, which managed to gain 9.2 per cent. Corporate earnings for the July-September quarter will kick start from Wednesday as TCS is scheduled to announce its second-quarter results. Analysts expect Q2 to be a strong quarter for Indian IT companies as all the companies successfully transitioned to ‘work from home’ (WFH) model leading to business continuity and significant cost savings.

From March lows of 10,937.37, BSE IT index has rallied over 90 per cent. In today’s session, TCS shares

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IT stocks rally led by HCL Tech, TCS, Infosys; Coforge hits 52-week high



D-Street Buzz: IT stocks rally led by HCL Tech, TCS, Infosys; Coforge hits 52-week high


© M. Sriram
D-Street Buzz: IT stocks rally led by HCL Tech, TCS, Infosys; Coforge hits 52-week high

After a brutal beating on September 24, the Indian stock market has been trading on a handsome note largely aided by IT stocks.

Sensex is up 687.47 points or 1.88 percent at 37241.07, and the Nifty was up 197.10 points or 1.82 percent at 11,002.60, at the time of writing this copy.

Among the sectors, the IT index gained over 3 percent led by HCL Tech which jumped over 5 percent followed by Tata Consultancy Services which added 4 percent. Other gainers are Infosys, Mindtree, Tech Mahindra and Wipro each rising over 2 percent.

Tata Consultancy Services partnered with Maurices, a fashion-apparel retail chain, a women’s fashion-apparel retail chain in the US and Canada, to help create a new flexible and scalable IT landscape for the latter.

Shitij Gandhi, Senior Technical Analyst

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HCL Tech shares climb 2% to hit 52-week high; should you buy, sell or hold?



a screen shot of a computer: HCL Tech shares climb 2% to hit 52-week high; should you buy, sell or hold?


© Nishant Kumar
HCL Tech shares climb 2% to hit 52-week high; should you buy, sell or hold?

Shares of HCL Technologies climbed about 2 percent to hit a 52-week high of Rs 820.75  on September 18.

In a media release on September 16, HCL Technologies and Google Cloud announced the expansion of their strategic partnership to bring HCL’s Actian portfolio, starting with Actian Avalanche, to Google Cloud.

“Actian Avalanche is a high-performance hybrid cloud data warehouse designed to power an enterprise’s most demanding operational analytics workloads. Actian Avalanche enables a seamless path to migrate legacy data warehouses, including IBM Netezza and Oracle Exadata, to Google Cloud, through a hybrid-cloud offering leveraging Google Cloud’s Anthos application platform,” the company informed.

“This latest announcement from HCL and Google Cloud expands a deep and growing partnership between the two companies to help organizations digitally transform,” HCL said.

This latest announcement from HCL

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These 4 NYSE Gold And Silver Stocks Just Hit New 52-Week Highs

While well-known tech stocks were bouncing just a little off their recent sell-off lows, these little mentioned and mostly ignored miners managed to hit higher highs. They fall into the “materials” sector by those who keep track of genre, but these involve a different kind of material and fall into a class of their own: the precious metals stocks.

The underlying metal did not make a new high this week but these 4 gold mining stocks established brand new yearly high prices. That means they continued a run that has out-performed the mighty big tech stocks. Apple
AAPL
, Amazon
AMZN
, Microsoft
MSFT
, Google
GOOGL
and Tesla
TSLA
failed to make new highs this week.

Here are the 4 precious metals stocks that got

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These 4 Food Stocks Hit New 52-Week Highs During Thursday’s Big Tech Sell-Off

Out of big name, formerly “hot” tech stocks and into…food stocks? Does this make sense? Actually, it doesn’t matter if it makes sense. It’s what buyers and sellers gave us on on Thursday’s stock market blast downward whether it’s sensible or not. The rotation from hot to boring is what took place.

Not that there’s anything wrong with sleepy old food stocks — after all, they’re the bread and butter of certain value investors, so to speak. It’s just that after so many months of enduring windy media experts on Amazon
AMZN
, Microsoft
MSFT
and Tesla
TSLA
, what will it be like to hear from the meat and potatoes analysts?

Archer-Daniels-Midland
ADM
is New York Stock Exchange-traded farm products company with headquarters in Chicago.

The stock hit a new

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