The contracts of three external members of RBI’s monetary policy committee will expire on Oct 4, just days before the MPC is expected to meet and make its rate decision on Oct 9
Techno electric engg ltd (27-09-2024)
Would you know the cost breakdown for micro-data centers (so called), portion of EPC, margins and order amount that Techno has received?
Accenture effect! Infosys, Tech Mahindra, other IT stocks rally up to 4% (27-09-2024)
Shares of Indian IT companies like Infosys, Wipro, and Tech Mahindra surged up to 4% after Accenture’s strong Q4 results and increased revenue guidance for FY25. Analysts expect growth to improve in FY26, driven by factors such as interest rate cuts and potential changes in US corporate decision-making post-2024 elections.
Share of this ‘Z’ group company hit 5% upper circuit today; here’s why (27-09-2024)
Marson Ltd shares rose after the company said it has received a Letter of Intent (LoI) from Nacof Oorja worth Rs 675 crore.
Stock market update: Stocks that hit 52-week lows on NSE (27-09-2024)
Power Grid, L&T, Bharti Airtel, Apollo Hospital and Divis Labs were among the top losers on NSE.
Rites consortium emerges L-1 bidder for Delhi Metro Project (27-09-2024)
Rites informed that its consortium has been declared as lowest bidder (L-1) for retrofit work in RS-1 trains of Delhi Metro Rail Corporation (DMRC).
Indian markets open higher amid positive global cues; IT stocks lead gains (27-09-2024)
IT stocks led the gains in early trading, with Infosys and LTIMindtree both surging 3.79 per cent
Pyramid Technoplast – Chota Time technolpast (27-09-2024)
The company had receivables worth 100 CR approx. and abysmal Cashflow from Operations. No questions regarding this topic in the latest concall. Was this issue raised before, any inputs?
Shares of Info Edge rise as Nifty gains (27-09-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 6116.17.
IT business environment better than a year ago, no AI impact on hiring before FY26: Rahul Jain (27-09-2024)
Rahul Jain from Dolat Capital advises focusing on Indian IT companies’ Q2 earnings commentary rather than Accenture’s guidance. He notes that AI’s impact on hiring is still years away and highlights the uncertainty in the sector due to geopolitical conflicts and mixed economic signals, despite some improvement over the past year.