Tag: Gain

L&T Technology Shares Gain As Motilal Oswal Initiates Coverage With A ‘Buy’

by  on  in Technology Consultant

Shares of L&T Technology Services Ltd. gained the most in more than a month after Motilal Oswal initiated coverage on the stock with a ‘buy’ rating.

The engineering services company has a unique position aided by a diversified portfolio and marquee clients, the brokerage said in a note, as it set a price target of Rs 2,830 apiece—implying a potential upside of 22% from Monday’s closing price.

“L&T Technology has one of the most diversified business mixes within its peer group, with lower client concentration and five large verticals with over 10% revenue contribution,” Motilal Oswal said. As of the

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How Technology Is Helping Luxury Fashion Brands Gain Traction

by  on  in Techology Advancement

Overall, the advent of technology marked a new dawn for the entire world. Clearly, the reality of life has never been the same since advancements in technology have become part of our everyday lives. Nevertheless, and on a positive note, it continues to change and evolve for the betterment of mankind. In a sense, technology has developed life

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Canada’s TSX posts biggest weekly loss since June, C$ rises after jobs gain

by  on  in Techology Advancement

By Fergal Smith

TORONTO (Reuters) – Canada’s main stock market index fell on Friday, taking its weekly loss to nearly 3%, as a selloff in high-flying technology shares continued, while the Canadian dollar rallied as domestic jobs data added to evidence of economic recovery.

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> closed down 1.4% at 16,218.01, after paring earlier losses.

It was the second consecutive day of volatile trading for the TSX and other North American indexes, which had been on a tear since March. For the week, the TSX was down 2.9%, its biggest weekly decline since June.

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Did Silicon Motion Technology’s (NASDAQ:SIMO) Share Price Deserve to Gain 45%?

by  on  in Technology Development

It hasn’t been the best quarter for Silicon Motion Technology Corporation (NASDAQ:SIMO) shareholders, since the share price has fallen 16% in that time. But at least the stock is up over the last five years. However we are not very impressed because the share price is only up 45%, less than the market return of 95%.

View our latest analysis for Silicon Motion Technology

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed

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Earnings Estimates Rising for Horizon Technology Finance (HRZN): Will It Gain?

by  on  in Techology Advancement

Investors might want to bet on Horizon Technology Finance (HRZN), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this investment company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating

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