Nomura on IT Buy Call On Tech Mah In Large-caps Buy Call On Coforge, Birlasoft & eClerx In Midcaps Reduce Call On TCS, WPRO, LTIMindtree, L&T Tech & Mphasis Accenture Cuts FY24 Revenue Growth Guidance Cut To +1-3% Y-Y Guidance Cut On Delayed Decision-Making & Weak Discretionary Spends Retain Cautious Stance As Discretionary Revival Still … Read more
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Jefferies on Bharti Airtel Buy Call, Target Rs 1,300 Focus On Driving A Steady, Organic Increase In ARPU Steady, Organic Increase In ARPU Via Improving Subscriber Mix & Better Monetisation There Is Clear Headroom For Tariff Increases But Timing Of Tariff Hikes Remains Uncertain Higher Tariffs Will Be Key For 5G Monetisation And Improving ROCEs … Read more
ITC: British American Tobacco, the largest public shareholder of the company, has launched a block trade to offload up to a 3.5% stake in the company for over Rs 17,482 crore. * Vedanta:* The Securities Exchange Board of India ordered the company to pay Rs 77.62 crore to Scottish explorer Cairn for delay in payment … Read more
Ex-Dividend 23 February 2024 (Tomorrow) Last date for Cum-Dividend Today Aegis Logistics Ltd. Dividend Per Share Rs.2 Previous day Closing Price – Rs. 452.05 Bharat Forge Ltd. Dividend Per Share Rs.2.5 Previous day Closing Price – Rs. 1124.05 BLS International Services Ltd Dividend Per Share Rs.0.5 Previous day Closing Price – Rs. 378.95 Bosch Ltd. … Read more
Recent Interviews As of 17:54 PM Tuesday 20 February 2024 Balaji Amines: D Ram Reddy, MD Balaji Amines Subdued Q3 Brigade Ent: Pavitra Shankar, MD We Will Continue To Invest In Land & New Projects: Brigade Enterprises Deepak Nitrite: Maulik Mehtav, CEO Key Levers For Growth; Uptick In Margins Likely? Five Star Business F: Srikanth … Read more
IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 … Read more
Stock Market Live Updates: Indian equities trade weak on US inflation concerns, Sensex falls over 500 points BusinessLine Source link
Stock Market Live Updates: – The Hindu BusinessLine BusinessLine Source link
The provided information outlines key factors that will likely influence Asian markets, providing a comprehensive view of the economic landscape and potential challenges in the Asia & Pacific region. Let’s delve deeper into the potential implications: 1. Impact of U.S. Employment Numbers: – Strong U.S. employment numbers are expected to have a positive impact on … Read more
● From Price Action Perspective: Weaker set of quarterly numbers from HDFCBANK, in addition to sharp spike in Dollar Index, has led to selling pressure on Bank Nifty, which ended 4.3% negative for the day. Nifty outperformed by falling 2.09% as the IT sector supported the index to an extent. Extensive Delivery based selling pressure … Read more