Three IT stocks to watch out for on 18 October

Three IT stocks to watch out for on 18 October

Indian Market
by 5paisa Research Team Last Updated: 2022-10-18T10:43:34+05:30

On Tuesday, domestic markets opened in the green with decent gains.

At 9:47 am, the BSE IT index is trading at 28,649.75 with gains of 1.07%. Top gainers include Vakrangee, Cerebra Integrated Services, L&T Technology Services, Coforge and Moschip Technologies. 

Keep a close eye on these trending IT stocks on Tuesday, 18 October 2022:

Wipro - The company along with Outokumpu, a leading multinational stainless-steel manufacturer, have announced a strategic deal to accelerate Outokumpu’s cloud transformation for applications. This is yet another win for Wipro in Finland, resulting from Wipro’s renewed focus and investments across the Nordics and in Finland.

During this transformation journey, Wipro will conduct application cloud discovery; assess, design and right-size the Microsoft Azure platform; migrate and modernize applications; and build an agile and DevSecOps-based IT operating model – increasing the availability of applications in addition to eliminating downtime.

Birlasoft - The company has announced a partnership with Coursera, one of the largest online learning platforms in the world, to further enhance the established technical skills of more than 12,500 employees, broadening their knowledge base.

With this collaboration, all the employees of Birlasoft will have complete access to Coursera’s library of more than 9,000 courses and Guided Projects. The programs offered by Coursera on emerging technology and domain skills will enable Birlasoft employees to further enhance their knowledge on leading edge domains like Blockchain, Cloud, Internet of Things (IoT), AI/ML, Robotic Process Automation (RPA), Cybersecurity, etc.

Moschip Technologies - The company has announced it has joined the Design Center Alliance (DCA) of TSMC Open Innovation Platform® (OIP). The TSMC DCA focuses on chip-implementation services and system-level design solutions to help lower design barriers for customers adopting TSMC technology.

Moschip offers design solutions to customers from RTL design to Silicon and System bring-up. In addition, MosChip has niche design service expertise in the areas of Analog, Mixed-signal design, and high-speed serial interfaces, such as SerDes, PLLs, and Data converters.

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