Latest news with #Upadhyay
Mint
5 hours ago
- Business
- Mint
Infosys vs TCS vs HCL Tech vs Wipro: Which IT stock to buy today post-Q1 results 2025? EXPLAINED
Infosys, India's second-largest IT services company, closed the Q1FY26 earnings season for Tier-1 IT firms on a strong note. The company posted a 9 percent year-on-year (YoY) rise in net profit to ₹ 6,921 crore for the June 2025 quarter, up from ₹ 6,368 crore in the same period last year. Revenue from operations grew 7.5 percent YoY to ₹ 42,279 crore, supported by strong deal momentum and consistent demand for digital transformation services across global markets. In a key development, Infosys revised its full-year revenue guidance for FY26, raising the lower end of its constant currency growth forecast to 1 percent from the earlier 0 percent. The upper end of the range remains unchanged at 3 percent. Now that all four major Indian IT firms—Infosys, TCS, HCL Tech, and Wipro—have reported their Q1FY26 earnings, investors are assessing which stock presents the most promising opportunity going forward. The sector has faced macro headwinds in recent quarters, from subdued enterprise tech spending to margin pressures. While a broad-based recovery remains uncertain, stock-specific opportunities are taking shape, particularly from a technical and fundamental perspective. Vishnu Kant Upadhyay, AVP - Research & Advisory at Master Capital Services, believes Infosys stands out among its peers. He pointed to its balanced performance, upbeat guidance, and leadership in enterprise AI adoption. Infosys retained its operating margin guidance at 20–22 percent and revised its revenue growth outlook upward, signaling confidence in future growth. While TCS remains a strong performer with high margins, Upadhyay noted that its revenue growth has been relatively sluggish. HCL Technologies is dealing with profitability pressures, and Wipro needs to further stabilise execution despite encouraging deal wins. As such, Infosys, with its robust fundamentals and future-readiness, remains the top pick. Anshul Jain, Head of Research at Lakshmishree Investment, also pointed out that Infosys has outperformed peers amid sector-wide weakness. While many IT stocks saw steep corrections post-earnings, Infosys showed notable relative strength. According to Jain, the ₹ 1,550–1,575 range presents a favourable entry point for investors looking to accumulate. He sees Infosys as a defensive pick with strong support levels and a good risk-reward profile. In contrast, Siddharth Tyagi, Research Analyst at INVasset PMS, sees Wipro as the most attractive candidate, particularly from a technical and valuation standpoint. The stock is trading in a broad consolidation zone and may be poised for a breakout, with the potential to revisit its all-time high. On the fundamentals front, Wipro's leadership reshuffle and structural changes have started bearing fruit. Its recent deal wins and renewed focus on client retention suggest that the company could be entering a turnaround phase. He warned, however, that Infosys may be constrained by risks such as muted deal conversions and vertical-specific volatility (especially BFSI and telecom). TCS, he added, continues to display a bearish price structure and offers limited upside in the near term unless macro demand visibility improves. HCL Technologies, too, appears technically weak despite its sound business segments in ER&D and infrastructure. Meanwhile, Seema Srivastava, Senior Research Analyst at SMC Global Securities, offered a more conservative view. She believes TCS remains the best long-term bet given its high-margin profile, strong balance sheet, and consistent dividends. TCS reported modest revenue growth of 1.3 percent YoY in Q1, but its operating margin of 24.5 percent and net margin of 20.1 percent were well above industry averages. The company's focus on AI, analytics, and cybersecurity, along with key partnerships and platform launches, makes it an ideal pick for risk-averse investors looking for steady compounding. She also appreciated Infosys for its balanced delivery and large deal momentum, citing its $3.8 billion deal wins in Q1 as a key strength. HCL Tech and Wipro, in her view, remain speculative bets with higher associated risks. Overall, Infosys has emerged as a strong performer this quarter, backed by resilient margins, strong large-deal wins, and a cautiously optimistic revenue guidance revision. While TCS remains a favourite among conservative investors, Infosys currently appeals more to those seeking a mix of growth and stability. For more aggressive investors, Wipro may offer upside potential as a turnaround story, while HCL Tech could be worth watching if margin headwinds begin to ease. Ultimately, stock selection within the IT space should align with the investor's risk appetite and time horizon. Infosys, by most accounts, continues to be the best-positioned IT stock for those looking for a steady compounder in an evolving tech landscape. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
a day ago
- Politics
- Business Standard
SC declines plea seeking transfer of Waqf Act petition from Delhi HC
A bench headed by Chief Justice B R Gavai said that courts are increasingly being used for generating newspaper headlines rather than genuine legal redress Press Trust of India New Delhi The Supreme Court on Tuesday declined to entertain a plea seeking transfer of a petition challenging the 1995 Waqf Act from the Delhi High Court to the apex court. A bench headed by Chief Justice B R Gavai said that courts are increasingly being used for generating newspaper headlines rather than genuine legal redress. The bench, which also comprised Justices K Vinod Chandran and N V Anjaria, made sharp remarks while hearing a transfer petition filed by advocate Ashwini Kumar Upadhyay. The petition sought to move his challenge to various provisions of the Waqf Act from the Delhi High Court to the Supreme Court. "This issue is already pending before this court. Why do you want more petitions," the CJI asked at the outset. The bench noted that an earlier bench led by then CJI Sanjiv Khanna had already set a clear timeline for admitting such challenges. The court had also permitted fresh petitioners to file intervention applications in the ongoing batch of 11 petitions challenging similar provisions of the Act. Appearing in person, Upadhyay argued, "I was the first person to challenge this," insisting that his petition was the one that drew public attention to the alleged "land grab" by waqf boards involving over 40 lakh acres. "You are always the first. What is the hurry to rush to court? Only after seeing the newspapers? Petitions are nowadays being filed only for the newspapers," the CJI said. "We are not inclined to entertain the prayer." Upadhyay's writ petition before the Delhi High Court challenges the constitutional validity of Sections 4 to 9 and Section 14 of the Waqf Act, 1995, as amended by the Waqf (Amendment) Act, 2025. He said that these provisions are arbitrary and violate fundamental rights under Articles 14, 15, 21, 25, and 27 of the Constitution. A similar challenge to the Waqf Act and its 2025 amendments is already pending before the Supreme Court, where a batch of petitions is being heard.
News18
2 days ago
- Politics
- News18
SC rejects plea to transfer Waqf Act petition from Delhi HC
Last Updated: New Delhi, Jul 22 (PTI) The Supreme Court on Tuesday declined to entertain a plea seeking transfer of a petition challenging the 1995 Waqf Act from the Delhi High Court to the apex court. A bench headed by Chief Justice B R Gavai said that courts are increasingly being used for generating newspaper headlines rather than genuine legal redress. The bench, which also comprised Justices K Vinod Chandran and N V Anjaria, made sharp remarks while hearing a transfer petition filed by advocate Ashwini Kumar Upadhyay. The petition sought to move his challenge to various provisions of the Waqf Act from the Delhi High Court to the Supreme Court. 'This issue is already pending before this court. Why do you want more petitions," the CJI asked at the outset. The bench noted that an earlier bench led by then CJI Sanjiv Khanna had already set a clear timeline for admitting such challenges. The court had also permitted fresh petitioners to file intervention applications in the ongoing batch of 11 petitions challenging similar provisions of the Act. Appearing in person, Upadhyay argued, 'I was the first person to challenge this," insisting that his petition was the one that drew public attention to the alleged 'land grab" by waqf boards involving over 40 lakh acres. 'We are not inclined to entertain the prayer." Upadhyay's writ petition before the Delhi High Court challenges the constitutional validity of Sections 4 to 9 and Section 14 of the Waqf Act, 1995, as amended by the Waqf (Amendment) Act, 2025. He said that these provisions are arbitrary and violate fundamental rights under Articles 14, 15, 21, 25, and 27 of the Constitution. A similar challenge to the Waqf Act and its 2025 amendments is already pending before the Supreme Court, where a batch of petitions is being heard. PTI SJK KVK KVK view comments First Published: July 22, 2025, 23:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
2 days ago
- Business
- Mint
Shares to buy for short term: From ICICI Bank, Muthoot Finance to UPL— experts suggest 6 stocks to buy
Shares to buy for the short term: The Indian stock market has been trading in a range almost since June, primarily due to persisting uncertainty surrounding a potential India-US trade deal, the unimpressive start of Q1 earnings, and the stretched valuation of the domestic market. The Nifty 50, on Tuesday, July 22, traded with nominal gains amid mixed global cues. While the index traded above 25,100 in the morning session, experts say a close above 25,150 may offer short-term relief. However, even in the current rangebound market, experts see stock-specific opportunities across segments. Vishnu Kant Upadhyay of Master Capital Services and Hardik Matalia of Choice Broking suggested six stocks to buy for the next two to three weeks. Do you own any? ICICI Bank has registered a decisive breakout from a prolonged consolidation range, supported by a wide-range bullish candle and consistent above-average volumes, signalling strong accumulation. The stock remains firmly positioned above its short and long-term moving averages, reflecting bullish alignment. The structure highlights higher lows, and the breakout confirms trend continuation. RSI is sustaining above 60, indicating underlying strength without entering overbought territory. "The technical setup favours a continued positional up-move, backed by strong price action and momentum confirmation," said Upadhyay. Muthoot Finance has registered a breakout above a multi-week consolidation range, marked by a strong bullish Marubozu candle on elevated volumes, signalling aggressive demand absorption. Muthoot Finance's price structure reflects a well-defined sequence of higher highs and lower lows, supported by a bullish alignment of key moving averages (20, 50, 100-DMA). "Sustained positioning above the breakout zone reinforces trend continuation. RSI hovering near 65 indicates sustained momentum, while ADX confirms underlying trend strength," Upadhyay said. Triveni Turbine has exhibited a structurally bullish setup, marked by a breakout from a multi-month consolidation zone on strong volumes. A recent golden crossover, where the 50 EMA has crossed above the 200 EMA, reinforces medium- to long-term bullish momentum. Triveni Turbine's price action remains firm, supported by bullish candlestick formations and sustained trading above all major EMAs. RSI is trending near 70, indicating strength, while MACD is in a positive crossover. "The overall chart structure signals trend reversal and scope for continued upside," said Upadhyay. After witnessing a bounce from lower levels, National Aluminium has entered a consolidation phase within a defined range. It is now on the verge of breaking out of this range, indicating a potential shift toward renewed upward momentum. The RSI stands at 61.03 and is trending upwards after a positive crossover, reflecting growing bullish strength. Matalia pointed out that the stock is hovering near but comfortably above all its key moving averages, which provides technical support and adds credibility to the ongoing trend. "A sustained move above the ₹ 197 mark would confirm the breakout and could open the door for a fresh upward leg. Traders can consider initiating long positions at the current market price of ₹ 194.99, with a stop-loss placed at ₹ 185 to maintain a favourable risk-reward profile. On the upside, the stock has the potential to move toward the ₹ 215– ₹ 218 target range in the near term," said Matalia. UPL remains in a strong overall uptrend, consistently forming higher highs and higher lows on the daily timeframe. After undergoing a phase of wide-range consolidation, the stock has now given a decisive breakout above the consolidation zone, signalling a potential continuation of its bullish trajectory. The RSI stands at 70.23 and is strongly trending upwards, indicating robust buying momentum and increased strength in the current move. UPL is also trading comfortably above all its key moving averages, further validating the strength of the ongoing trend and reinforcing the bullish outlook. "With Monday's breakout, the stock has signalled the beginning of a fresh leg of rally. Traders can consider initiating fresh long positions at the current market price of ₹ 713.75, with a stop-loss set at ₹ 680 to maintain a favourable risk-reward ratio. On the upside, the stock holds potential to move towards the ₹ 785– ₹ 800 target range in the near term," said Matalia. Schaeffler India, after witnessing a strong bounce from lower levels, has entered a phase of healthy consolidation near the highs. On the daily chart, it is forming a classic Cup and Handle pattern, typically a bullish continuation setup, indicating the possibility of a breakout in the near term. The RSI is currently at 62.63 and is trending upwards, suggesting improving momentum and rising bullish sentiment. Schaeffler India is also trading above all its key moving averages, which reinforces the strength of the prevailing uptrend and provides technical support for further gains. The stock is now on the verge of breaking out of the Cup and Handle formation. A successful breakout above the pattern neckline could trigger a fresh rally in the stock. "Traders can consider initiating fresh long positions at the current market price of ₹ 4,282.20, with a stop-loss placed at ₹ 4,100 to maintain a favourable risk-reward ratio. On the upside, the stock has the potential to move towards the ₹ 4,650– ₹ 4,700 target range in the near term," Matalia said. Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Time of India
5 days ago
- General
- Time of India
Social worker in Sundargarh turns ‘celebrations' into green movement
1 2 Rourkela: In a remarkable initiative transforming personal milestones into environmental action, a 50-year-old social worker from Sundargarh has successfully planted nearly 24,000 trees across the state through his innovative 'Green Memory Campaign' (Sabuj Smriti Abhiyan). Launched in 2023 on his son's 12th birthday, Digambar Upadhyay's initiative has grown from a personal gesture into a state-wide movement. "Memories are not just made in hearts — they should grow in the soil too," said Upadhyay, who believes every celebration deserves "roots, leaves and a lasting legacy". The campaign encourages people to plant trees to commemorate special occasions — birthdays, anniversaries, exam successes, and even in the memory of loved ones. Under Upadhyay's leadership, the initiative has established two 'memory gardens' spanning six acres in Sundargarh district's Gambharidih and Sagarpali areas. "Each tree becomes a living memory — a symbol of love, achievement or tribute," Upadhyay explained. The campaign has spread to eight districts including Keonjhar, Angul, Jharsuguda, Sambalpur, Sonepur, Boudh and Deogarh, with various species like banyan, fig, blackberry, neem and bakul being planted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo A dedicated team of volunteers, including Manoranjan Mallick, Manoj Kumar Dani and others, support Upadhyay in his mission, conducting awareness programmes in villages and schools. The campaign's unique emotional connect has struck a chord with communities, as trees are not merely planted but named and nurtured. Looking ahead, Upadhyay aims to engage 1,00,000 families in planting an equal number of trees over five years. The campaign's success on social media has particularly resonated with youth, effectively promoting the message: 'Preserve while You Celebrate'. "In a world that desperately needs healing, the green memory campaign bridges the bond between humanity and nature, ensuring that joy and responsibility grow side by side," said Upadhyay, whose initiative continues to inspire environmental stewardship across the state.
