Google Trends: TCS, HCLTech, Infosys, Wipro among most searched IT companies in last 7 days  

The past week, there have been several major developments in the India IT sector. After a global Nasdaq-listed IT major posted its Q3 results, posting an 8 percent YoY revenue growth, the impact was felt on Indian indian IT companies. 

While Wipro’s share price fell by 3 percent on Monday, TCS and HCLTech also slipped by 2 percent. Besides share prices, the IT majors also made headlines for bagging multiple orders and forming partnerships in the past week. 

Here are the major trending developments of the four major IT companies in the past week:

Tata Consultancy Services

In the past week, TCS’s share has slipped by 3.74 percent. The stock, which opened at Rs 3523 on June 18, closed at Rs 3392 on June 24. While the share saw a dip in the past week, TCS made some significant partnerships. 

TCS partnered with the Council of European Development Bank and Denmark’s Salling Group to transform the digital offerings of the companies. Additionally, the company is launching three new innovation hubs in Europe to focus on vehicle automation. 

HCL Technologies

HCLTech partnered with E.ON, the largest energy company in Europe. In the multi-year contract, HCLTech will manage the cloud infrastructure of the company. It will also set up a new private cloud for E.ON. 

Furthermore, HCLTech also partnered with ASISA, a prominent health insurer in Spain, and AMD, a major semiconductor company in the United States. While with ASISA, HClTech is entrusted to transform its digital solutions, with AMD, it is developing innovation labs to boost enterprise digital transformation. 

Infosys

In the past 5 trading days, Infosys’ share price has seen a dip of 3.46 percent. The stock opened at Rs 1636.20 on June 18 while it closed at Rs 1579.60 on June 24. 

Besides a rocky week on the stock market, Infosys announced a big deal with Adobe. The two companies partnered to transform the marketing lifecycle of global brands by employing AI-powered tools. The collaboration is expected to deliver tools for personalised content and streamline the user experience. 

Wipro

While the above-mentioned three IT companies felt the effect of global turmoil and Accenture’s Q3 results, Wipro stock stood strong the the past week. In the past week, Wipro’s share gained 0.22 percent. In the past month, Wipro’s stock price increased by 5.84 percent. The stock was trading at Rs 250 on May 26 and closed at Rs 264.89 on June 24.