RICHFIELD FINANCIAL SERVICES LTD Q2 RESULTS
HCL Tech’s weak Q1 revenue hints at demand concerns HCL Tech's Q1 FY25 results were mixed, with better-than-expected net profit due to higher other income offsetting disappointing revenue growth. Operating margins were under pressure as anticipated, and the company secured fewer new deals compared to...
13 Jul, 2024, 07.32 AM ISTCitigroup Q2 Results: Profit beats on surge in investment banking, services strength; but shares fall 3% The third-largest U.S. lender reported a profit of $1.52 per share for the three months ending June 30, surpassing analysts' expectations of $1.39, according to LSEG data. Warren Kornfeld, senior vice president in the financial institutions group at...
12 Jul, 2024, 10.49 PM ISTHCLTech headcount dips by 8,080 in Q1FY25 HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanwhile, TCS adds 5,452 employees, reversing headcount reduction trend. HCLTech reports a 20.4% YoY increase in n...
12 Jul, 2024, 06.29 PM IST
TCS Q1 beat fuels market rally, lifts Sensex, Nifty and m-cap to new records The market capitalization of all BSE-listed companies reached a record high, increasing by Rs 1.18 lakh crore to Rs 452.36 lakh crore. TCS, India's leading IT services company, saw a 6.7% rise after surpassing revenue expectations. This surge contri...
12 Jul, 2024, 04.25 PM ISTTCS announces interim dividend of Rs 10 per share, fixes record date TCS shares will begin trading without the upcoming dividend included in the stock price on or before the record date. This change impacts which shareholders are eligible to receive the dividend payment, announced alongside the company's Q1 results s...
12 Jul, 2024, 02.25 PM ISTTCS shares surge 7% on strong Q1 show, lifting D-Street to fresh record highs TCS Share Price: Shares of TCS surged 6% to Rs 4,169 in early NSE trading after reporting higher-than-expected earnings for the June quarter. Jefferies upgraded TCS and raised its price target, while CLSA and JPMorgan maintained ratings with higher ...
12 Jul, 2024, 02.20 PM ISTTCS, Infy power D-Street to fresh record highs! Sensex soars 900 points, Nifty tops 24,500 for the first time Indian markets rose Friday, led by TCS's strong June quarter. Sensex climbed 281 points, Nifty50 up 93 points. Stocks like TCS, Infosys, and Adani Ports surged. Maruti fell. US inflation data raised September Fed rate cut chances, noted by CME FedWa...
12 Jul, 2024, 11.12 AM ISTTCS Q1 profit rises 8.7%; wage hikes, demand slump drag sequential numbers TCS's June quarter net profit decreased 3.16% to Rs 12,040 crore due to wage hikes for its 600,000-plus workforce; net profit increased 8.7% YoY. Revenue rose 5.4% to Rs 62,613 crore. BSNL deal drove 61.8% India growth. The deal pipeline is $8.3 bil...
12 Jul, 2024, 08.58 AM ISTQ1 results today: HCL Tech, IREDA among 14 companies announce earnings on Friday TCS has started the first quarter earnings season with positive results, signaling an improved business environment. Today, HCL Tech, along with 13 other companies, will announce their earnings for the quarter ended June. Other notable companies rep...
12 Jul, 2024, 08.36 AM ISTTCS Q1 Results: Cons PAT rises 9% YoY to Rs 12,040 crore, beats estimates TCS Q1 Results: IT bellwether TCS reported a 9% YoY growth in its June quarter consolidated net profit, reaching Rs 12,040 crore, compared to Rs 11,120 crore in the same quarter last financial year. This profit exceeded the Street estimate of Rs 11,...
11 Jul, 2024, 06.19 PM ISTD-Street's cooling earnings momentum set to challenge stock rally HDFC Bank Ltd. and Bank of Baroda Ltd. posted a sequential drop in credit growth, suggesting that lenders — who have the highest weighting in the index are struggling to keep up the rapid expansion seen in recent years.
11 Jul, 2024, 10.03 AM ISTQ1 results today: TCS, Anand Rathi Wealth among 17 companies to announce earnings on Thursday Tata Consultancy Services (TCS) and 16 other companies, including Akme Fintrade, will report Q1 results on Thursday. TCS anticipates an 8% profit rise. Prabhudas Lilladher and ICICI Securities provided top estimates. Kotak Equities predicts 5% sales...
11 Jul, 2024, 08.12 AM ISTTCS faces a muted Q1, trend in project ramping holds the key for Q2 show The country's largest software exporter is likely to report 1.4% sequential increase in the revenue at $7,466.1 million, according to the average of estimates by ETIG and nine brokerages.
10 Jul, 2024, 10.03 PM ISTQ1 result season begins: 30 companies may report over 100% growth in profit Nifty may report 4% Q1 earnings growth driven by BFSI, auto, metals, healthcare, and real estate, with Trent and Zomato showing significant consumption sector growth. Pharmaceuticals Glenmark Pharma and Laurus Labs have high growth, private and PSU ...
10 Jul, 2024, 09.29 AM ISTGIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session Benchmark indices closed with minor gains, marking a positive week. Analysts expect Q1FY25 earnings and inflation cues to guide markets. Gift Nifty signals a negative start. India VIX fell 1.24%. Mixed global trends; S&P 500 futures down. Rupee at 8...
08 Jul, 2024, 06.54 AM ISTInfosys, Tech Mahindra among 6 IT stocks that could surprise positively in Q1 results: JM Financial Stating that Tech Mahindra remains a ‘buy' on turnaround hopes while KPIT Technologies and Tata Technologies are structural bets on auto ER&D theme, domestic brokerage firm JM Financial believes that Q1 results for the IT sector could positively sur...
01 Jul, 2024, 05.50 PM ISTQ4 results: Stable costs boost India Inc. profits Steady costs and firm domestic demand supported corporate performance in the March quarter.
17 Jun, 2024, 06.30 AM ISTDOMS shares rally 10% to fresh all-time high after Q4 results; brokerages increase target up to Rs 2,121 DOMS Industries witnessed a remarkable surge of 10% in its shares on Tuesday on the BSE, reaching a new all-time high of Rs 2,035. This surge followed the company's announcement of a 29.6% year-on-year (YoY) increase in its Q4 profit after tax (PAT)...
28 May, 2024, 01.31 PM ISTGrasim Q4 revenue at record Rs 37,727 crore While operating profit of the flagship company of the Aditya Birla Group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. Adjusted for an exceptional it...
23 May, 2024, 05.47 AM ISTGeojit Financial Services Q4 Results: PAT zooms 73% YoY to Rs 52 crore Geojit Financial Services Q4 Results: In the fourth quarter of the last financial year, the firm's consolidated revenue rose 79% to Rs 209 crore. It was at Rs 117 crore a year ago. For fiscal 2023-24, its profit after tax jumped 48% to Rs 149 crore.
30 Apr, 2024, 11.42 PM IST