Persistent Systems jumped 6.66% to Rs 5,500 after the company’s consolidated net profit jumped 6.06 to Rs 324.99 crore on 5.84% increase in revenue from operations to Rs 2,897.15 crore in Q2 FY25 over Q1 FY25.
Coforge stock zooms 9% on strong Q2FY25 results, bulging order book (23-10-2024)
Shares of Coforge surged up to 8.85 per cent at Rs 7397.25 a piece on the BSE on Wednesday
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (23-10-2024)
The way economy is crumbling down, I don’t think RBI will wait longer to cut interest rates. However, this will give a big rate cut, if the inflation is not easing out.
Goldman Sachs has downgraded India to Neutral from overweight (23-10-2024)
Goldman Sachs has downgraded India to Neutral from overweight due to slower economic growth, corporate profits & high valuations. Nifty target is reduced to 27,000 from 27,500. There is no risk of a significant price correction. There will be a time correction for 3 to 6 months
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Regulatory clearance to boost Paytm’s growth outlook: Rahul Jain (23-10-2024)
So, it is kind of a one year of hiatus and they are back to where they were ex of one or two product. So, yes, there is no reason why it should not go back to where it was and probably extend beyond.
Mphasis shares rise 2.14% as Sensex climbs (23-10-2024)
A total of 4,973 shares changed hands on the counter till 10:09AM (IST)
Sensex rises! But these stocks are down 5% or more on BSE (23-10-2024)
In the Nifty pack, 26 stocks were trading in the green, while 23 stocks were trading in the red.
RITES bags Rs 454-cr turnkey project in Karnataka (23-10-2024)
RITES said that it has secured an order worth Rs 453.99 crore from Karnataka Mining Environment Restoration Corporation (KMERC) for construction of railway Private Freight Terminals under turnkey basis in Karnataka.
Buy Hyundai Motor India, target price Rs 2,345: Motilal Oswal Financial Services (23-10-2024)
Motilal Oswal Financial Services recommends buying Hyundai Motor India, setting a target price of Rs 2345.0. The current market price is Rs 1845.5. Hyundai’s diverse model portfolio and alignment with industry trends position it well for future growth. Expected earnings CAGR is 17% between FY25-27, and HMI’s UV mix has significantly improved since FY16.