HCL Tech Q3 preview: As per five brokerage estimates, analysts peg EBIT margins to see an uptick in the range of 53-60 basis points (bps) QoQ to 18.5 per cent in Q3FY23
Posts in category Business Standard
Stock of this auto ancillary company has zoomed 38% in 3 days (11-01-2023)
In the past eight months, it has more-than-doubled or zoomed 203 per cent from Rs 116.05, which it had touched on May 12, 2022
4 govt-owned general insurers restructuring ops based on PPTs: Unions (11-01-2023)
The Central government-owned 4 general insurance companies are restructuring their operations based on powerpoint presentations (PPT) provided by consultancy firm EY and without getting a full report
Made-in-India brands under one umbrella, announces Bacardi in India (11-01-2023)
Ranbir Kapoor to symbolise this platform; comes as a celebration of those disruptors, innovators, and changemakers who are on their journey to build their legacy as they pave their route to success
Infosys Q3 growth may be muted on higher furloughs; PAT may rise 9-15% YoY (11-01-2023)
Infosys Q3 preview: The operating margin could improve by 10-40 basis points (bps) to up to 21.9 per cent sequentially aided by a weakened rupee, lower attrition and higher optimisation
OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5% (11-01-2023)
After two tight quarters of profit-margin shrinkage due to global volatility, Indian OMCs are expected to see reduction in operational losses in the October-December quarter (Q3FY23).
WazirX’s reserves at $284.4 million, highest in the form of Shiba Inu (11-01-2023)
Indian crypto exchange’s reserve-to-liability ratio stands at 1:1
Bharti Airtel slips 4% after JP Morgan downgrades stock to ‘Underweight’ (11-01-2023)
Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.
Transformers and Rectifiers India surges 10% on healthy growth outlook (11-01-2023)
In past one week, the stock has outperformed the market by surging 25 per cent, as compared to 1.8 per cent decline in the S&P BSE Sensex.
Jindal Steel & Power up 2%, hits over 10-month high in a choppy market (11-01-2023)
Monnet Power Assets, once operational, will provide an opportunity for the company to improve the heat rate, resulting in lower usage of coal in the power plant, said ICICI Securities in its report.