Infosys may post a net profit of Rs 6,245 crore for Q1, up 2 per cent sequentially, much better than the 3-11 per cent QoQ slide in net profits of TCS, HCL Tech and Wipro
Posts in category Business Standard
HUL Q1 revenue may rise up to 9% YoY; soft RM costs to aid margin: Analysts (19-07-2023)
HUL Q1FY24 preview: As per brokerages, earnings before interest, tax, depreciation, and amortisation (Ebitda) margins is likely to expand up to 63 basis points (bps) YoY to 23.4 per cent
RIL near record high ahead of Jio Financial demerger; up 12% so far in July (19-07-2023)
Analysts value Jio Financial Services at Rs 161/share, which is 1x RIL’s treasury stock valuation of Rs 1,087 billion or $13 billion
Rallis India trades flat day after Rekha Jhujhunwala offloads 5.5% stake (19-07-2023)
Tata Chemicals acquired 9.7 million shares of its subsidiary for Rs 208 crore through a bulk deal, with face value of Re 1 each at Rs 215.05 per equity share.
Polycab India enters top-100 most-valued firms’ club; rallies 11% in 2 days (19-07-2023)
With a market capitalisation of Rs 64,422 crore, Polycab India stood at 91st position in overall m-cap ranking on Wednesday morning.
IndusInd Bank surges 4% to highest level since Jan 2020 on healthy Q1 nos (19-07-2023)
The stock was trading at its highest level since January 2020 and has rallied nearly 30% in the past three months
Stock Market LIVE: Sensex, Nifty marginally up; Power, Financials gain (19-07-2023)
Stock market LIVE updates on July 19: The S&P BSE Sensex touched a lifetime peak of 67,117, while the Nifty50 hit 19,842
Stocks to watch: L&T Tech, Paytm, Rallis India, Piramal Pharma, NMDC (19-07-2023)
Stocks to watch on July 19, 2023: From Paytm to Piramal Pharma, here are the top stocks to watch in Wednesday’s trading session
Buy GMDC, Rites for gains up to 16%, recommends HDFC Securities (19-07-2023)
On the broader market outlook, Vinay Rajani the technical & derivative analyst says that the Nifty could trade in the range of 19,612 – 19,819 in the near term.
Nifty Metal looks weak; sell with stop loss at 6,564, suggests chart (19-07-2023)
Meanwhile, the Nifty FMCG index is expected to consolidate in the range of 53,971 and 52,484, says Ravi Nathani, an independent technical analyst.