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Wipro shares rally 5% amid strong Q3 earnings and global tech surge Wipro shares surged 5% following strong third-quarter earnings, which saw a 24% YoY increase in net profit and a marginal rise in revenue. Investor sentiment was buoyed by robust deal momentum, including $3.5 billion in contracts. Technical indicato...
23 Jan, 2025, 11.29 AM ISTKotak Bank drives Sensex over 600 points higher; Nifty above 23,350 Indian equity indices Sensex and Nifty50 opened higher on Monday, led by Kotak Mahindra Bank's robust Q3 performance with significant growth in loans and deposits. Kotak Mahindra Bank shares surged over 8% after reporting a 10% jump in net profit. W...
20 Jan, 2025, 11.43 AM ISTHCL Tech shares: Last chance to buy today for Rs 18 per share dividend, record date tomorrow HCL Technologies shares have posted strong returns, climbing 18.5% over the past year and over 36% in the last three years. Analysts maintain a cautiously optimistic outlook for the stock. According to Trendlyne data, the consensus target price for ...
16 Jan, 2025, 10.08 AM IST- ADVERTISEMENT
Energy, IT stocks lift Sensex over 250 points higher, Nifty tops 24,200 Indian stock markets opened higher for the second day, driven by gains in banking, IT, and energy stocks. Key performers included Maruti Suzuki, Zomato, and HDFC AMC, the latter rising nearly 4% after posting strong quarterly profits. Meanwhile, IRF...
15 Jan, 2025, 09.46 AM ISTShare market update: Most active stocks of the day in terms of traded value The NSE Nifty index closed 90.1 points up at 23176.05
14 Jan, 2025, 05.11 PM ISTHCL Tech stock slips over 9% after Q3 results. Should you buy, sell or hold? HCL Technologies shares dropped 9.23% after the company reported a 6% net profit growth for Q3 at Rs 4,591 crore. Revenue rose to Rs 29,890 crore. New deal bookings reached $2.1 billion. Analysts provided mixed ratings, with target prices ranging fr...
14 Jan, 2025, 10.29 AM ISTShare market update: Most active stocks of the day in terms of total traded value The NSE Nifty index was trading 80.85 points up at 23166.8
14 Jan, 2025, 09.59 AM ISTBluechips take a beating as 95 of India's top 100 stocks fall up to 55% since September peak The domestic market is going through a correction phase, impacting even top stocks, with most showing significant declines. Only a few IT stocks have managed to perform well. The downturn is attributed to poor corporate earnings and foreign capital ...
14 Jan, 2025, 09.12 AM ISTHCL Technologies Q3 Results: PAT grows 6% YoY to Rs 4,591 crore, revenue up 5%, Rs 18 dividend declared HCL Tech Q3 Results: IT services company HCL Technologies on Monday reported 6% growth in its consolidated net profit at Rs 4,591 crore for the quarter ended December 2024. The same stood at Rs 4,350 crore a year ago.
13 Jan, 2025, 07.12 PM ISTEqual Weight on HCL Tech, target price Rs 2,110: Axis Securities Axis Securities has set a target price of Rs 2110 for HCL Technologies. The current market price is Rs 1951. HCL Technologies has strong revenue visibility with multiple long-term contracts. It reported a total income of Rs 29318 crore and a net pro...
13 Jan, 2025, 05.18 PM ISTQ3 results today: HCL Tech, Angel One among 14 companies to announce earnings on Monday HCL Technologies is expected to report mid-to-high single-digit profit growth, with revenue projected to increase between 4.3% and 6.8% in the third quarter. The company's adjusted net profit is anticipated to grow between 1.2% and 8.2%, according t...
13 Jan, 2025, 05.17 PM ISTTwo Trades for Today: A telecom major for almost 6% rise; a large-cap IT stock for close to 5.5% gain Select stocks gain momentum even in volatile markets.
13 Jan, 2025, 05.00 AM ISTQ3 results this week: RIL, Infosys, HCL Tech, Jio Finance, Kotak Mahindra Bank among 101 companies to announce earnings The Q3 earnings season continues with major companies such as HCL Technologies, Infosys, Axis Bank, Reliance Industries, and Wipro reporting their results this week. Key dates include announcements from Anand Rathi Wealth and Tata Elxsi on January 1...
12 Jan, 2025, 10.25 AM ISTWill stock market selloff deepen this week? 6 factors to track Nifty dropped 2.4% amid hawkish Fed commentary, rising dollar index, and a record low rupee. Market volatility will continue with Q3 earnings, FII flows, macroeconomic data, and crude oil prices shaping the outlook. Technical indicators suggest bear...
12 Jan, 2025, 09.47 AM IST176 smallcap stocks fell in double-digits in a rough week for markets Indian markets experienced heavy selling pressure due to modest GDP and corporate earnings estimates. Only four smallcap stocks posted double digit weekly returns, while 176 fell significantly. Foreign investors sold nearly $2 billion, and rising US...
11 Jan, 2025, 09.29 AM ISTLTIM, Infosys lead IT rally as stocks rise nearly 5% after TCS Q3 beat Shares of IT stocks like TCS, LTIMindtree, Infosys, and Persistent Systems rallied up to 4.6% on the NSE in intraday trade. This surge was driven by positive sentiment after TCS reported a 12% YoY jump in its PAT for Q3 FY2024. TCS, LTIMindtree, and...
10 Jan, 2025, 10.52 AM ISTWill they surprise the bears? 5 IT sector stocks with upside potential up to 39% There is narrative, and there is reality. What is the narrative about the IT sector at this point of time? It is that when Trump takes office, immigration and H1-B policies will see a change which will hurt Indian IT companies. The reality is that w...
07 Jan, 2025, 11.30 AM ISTBNP Paribas Securities has an Outperform call on HCL Technologies with a target price Rs 2,100 BNP Paribas Securities recommends HCL Technologies with an outperform rating and a target price of Rs 2,100. HCL's latest quarter saw a consolidated total income increase by 8.44% compared to the previous year. The company's transformation from infr...
07 Jan, 2025, 10.11 AM ISTITI Ltd shares can rally up to Rs 455-495: Anand James of Geojit ITI Share Price: The vertical rise on Thursday, provided a clean break out beyond the consolidation that persisted in the previous nine days, encouraging us to look forward to reclaiming 24770. However, the near 50% retracement of those gains on Fri...
06 Jan, 2025, 09.40 AM ISTBears Tighten Grip! Bank, IT stocks drag Sensex down by over 650 points, Nifty below 23,500 Indian equity indices Sensex and Nifty50 opened lower for the second consecutive session on Tuesday, mainly due to declines in IT stocks. The Sensex and Nifty50 saw notable drops, dragged by significant losses in major IT companies, while certain st...
31 Dec, 2024, 10.14 AM IST