Technology Sector

Infosys Q3 Net Up 10.42%

Infosys Technologies has declared the results for the three months period ended December 30, 2007.

The IT leader has announced a 10.42 percent jump in its quarterly
net profit, which stood at Rs 1,186 crore as compared to Rs 1,074 crore
in the last quarter ended September 30, 2007.

For the October-December quarter, the company’s net sales have seen
a rise of 3.54 percent at Rs 3,999 crore against Rs 3,862 crore for the
quarter ended September 30, 2007.

Nucleus Software Intraday Buy Call

The stock of Nucleus Software is looking robust for intraday trading. Stock analysts are of the views that traders can buy Nucleus Software with strict stop loss of Rs 378. The intraday target for this counter lies between Rs 401-415.

The stock of the company has seen decent rise from last 3-4 weeks. It will surely provide bulky gains in today’s trading session.

The activity of the company is to provide innovative and pioneering products and software solutions.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 600.