Infosys Q3 FY22 revenue up 12% to Rs. 5809 Cr (YoY)
IT giant Infosys posted a Rs. 5809 Cr revenue in Q3 FY 22. It is 12% uptake from the same quarter, Year on Year. Its operating revenue rose by 23%...
TCS Q3 Revenue is at Rs. 48885 Cr. It is In Line with Estimates
IT Giant TCS declared its Q3 FY22 results. Its Revenue stood at Rs. 48885 Cr. It was 4.31% more than that of Q2 FY22. Its revenue in dollar terms was...
TCS Board announces Rs. 18000 Cr Buyback
IT giant Tata Consultancy Services (TCS) Board approves a Rs 18,000-crore share buyback. It is its fourth biggest buyback exercise in the past 5 years. It fixed the buyback price...
Vodafone Idea up 8.5% after management’s clarification
Vodafone Idea clarified that the government will not take over the Telecom entity. On Tuesday, its exercise of the option of converting the interest payable for the four years of...
Wipro Q3 revenue up 30% YoY. Net profit flat at 2970 Cr in Q3
IT major Wipro declared Q3 FY22 results today. Its revenue was at Rs 20,432.3 crore, which is Rs. 1765.3 Cr more than Rs 19,667 crore reported in Q2 FY22. This...
Nifty above 18200. Sensex above 61150. M&M tops Nifty
Indian benchmark indices rallied for another day. Both Nifty and Sensex added more than 0.8 gains. Sensex added 533 points to end at 611150.04 while Nifty gained 156 points to...
Nifty above 18150. Sensex above 60950. Realty stocks lead
Indian benchmark indices trade higher amid positive global cues. Nifty above 18150. Sensex above 60950. Nifty Realty up 2%. Banking stocks are doing well. Ahead of the results of IT...
Pre-Market Information-IT stocks will be in focus ahead of Q3 results
Global markets show positive signs. FED Chairman reaffirms rate hikes and tight monetary policy to fight against inflation. However, amid positive global cues, SGX Nifty indicates a gap-up opening for...
Nifty above 18050. Sensex above 60610. Vodafone Idea down 21%
Indian benchmark indices ended higher on a volatile day. Sensex added 221 points to end at 60616.89, while Nifty 50 gained 52 points to close at 18055.75. Metal stocks saw...
Top 5 Cryptocurrency Trends in 2022
Investment in cryptocurrencies is increasing continuously in the country. India currently has the largest number of crypto investors in the world. Their number is more than 10 crores. The average...
Nifty trades flat. HCL Tech up 3.32%. Vodafone Idea down 12%
Indian benchmark indices trade flat amid mixed global cues. Nifty above the 18030 level. Sensex is above the 60500 level. Nifty Realty is the top gaining sector on the index....
Pre-Market Information: Paytm, Vodafone Idea, Sona BLW, and HDFCLife are in focus
Global markets are trading lower amid interest rate fears. However, the US stock futures are in green. The Asian markets are also trading low. SGX Nifty is also indicating a...
SBI Card down 2.42% after Goldman Sachs’s “Sell” initiative
SBI Cards and Payment Services slips 2.42% after Goldman Sachs initiates "Sell" rating for the stock. The brokerage firm sees headwinds in the form of intense competition and increasing regulatory...
Nifty above 18000. Sensex above 60390 points.
Indian benchmark indices performed really well today. Both Sensex and Nifty were up by more than 1%. Sensex added 650 points to close at 60395.63, while Nifty added 190 points...
Macquarie cuts Paytm’s target price to 900. Paytm down 4%
Macquarie maintained its rating as "Underperform" regarding Paytm. It also cuts down Paytm's target price from 1200 to 900. Macquarie reduces Paytm's revenue CAGR from 26% to 23%. In addition...
Sensex above 60210. Nifty above 17950. Maruti, UPL and Infosys lead Nifty
Indian benchmark indices trade on positive note. Sensex reclaims 60,000 level. Nifty is above 17,950. Nifty Auto, Nifty PSU Banks, Nifty Media and Nifty Realty lead the index. Right now,...
Nomura picks Infosys in Large-caps and Persistent in mid-caps
Global Investment Bank, Nomura expressed its view on the IT sector. It expects that the sector EPS upgrade will continue. It said its order of preference for Large -caps as...
Pre-Market Information: Stocks in focus-Reliance Industries, Tata Steel, Sobha, and D’Mart
The global markets are showing mixed trends. The US job data disappoints. Omicron cases are rising. However, equity markets are hoping that the Central banks will slow the pace of...
D’Mart quarterly revenue up 18.3%. Net Profit up 32.3%
Retail giant Avenue Supermarts Ltd., aka D'Mart posted good Q3FY22 results. During Q3 it earned a Revenue of Rs. 9218 Cr. It was up by 18.3% QoQ and 22.2% YoY...
Sovereign Gold Bond Scheme 2021-22 (Series IX) – Issue Price (Safe, Secure, Tax free)
In terms of Government of India Notification No.4(5)-B(W&M)/2021 dated October 21, 2021, Sovereign Gold Bonds 2021-22 (Series IX) will be opened for subscription during the period January 10-14, 2022 with...
Grasim up 4.6%. Why?
Diversified business entity Grasim Ltd. stock today surged by around 4.6%. The stock closed at 1799.95 on NSE. Earlier, brokerage agency Motilal Oswal has raised Grasim's rating from 'neutral' to...
Best Stocks To Buy In 2022? Top Electric Vehicle Stocks To Watch
Stocks to Invest: Exide Industries (Batteries) CMP: Rs. 165.15 Amara Raja Batteries (Batteries) CMP: Rs. 618.80 Grindwell Norton (Silicon Carbide Manufacturer-useful in semiconductor chips) (Auto Parts) CMP: Rs. 1891.45 Carborundum...
Nifty above 17800. Sensex adds 140 points. Grasim up 5%
Indian benchmark indices did well amid mixed global cues. Sensex added 142 points to close at 59744.65 points, while Nifty added 66.8 points to end at 17812.7 points. As we...
KPIT Technologies share up 12%. Why?
IT consulting & services company KPIT Technologies up over 12% today. Lately, the stock has been on a fairy tale run. Moreover, the company raised outlook for revenue and profit...
Hinduja Global Solutions stock 20% down. Hits Lower Circuit
Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) player Hinduja Global Solutions stock hits lower circuit as it plunges 20%. The company declared a Rs. 150 special dividend along with...
Nifty trades above 17850. Banking stocks lead the index
Indian benchmark indices trade higher amid mixed global cues. Nifty is around 17850, while the Sensex is around 59979. All of the sectoral indices are in green. Banking stocks lead...
Pre-Market Information-Reliance, HCL Technologies, Lupin, Titan, and Escorts in focus
Global markets were in red yesterday. However, this morning the Asian markets are showing positive signs. Additionally, the US stock futures are in green. SGX Nifty also showing a gap-up...
Hinduja Global Solutions declares a special dividend of Rs. 150 per share and a 1:1 bonus issue
Process Management entity Hinduja Global Solutions has declared a special dividend of Rs. 150 per share. The company also announced a 1:1 bonus issue. The record date will be 29...
Reliance Retail buys a 25.8 % stake in Dunzo for $ 200 million
Reliance Retail buys a 25.8 % stake in the quick commerce platform, Dunzo. The company has spent $ 200 million equivalent to Rs. 1488 Cr for this purpose. The company...
Reliance Industries raises $ 4 billion through the bond issue
Major Indian conglomerate Reliance Industries raised $ 4 billion through a bond issue. The company said that it has received that amount in 3 tranches of issuance of the bonds....