TRACXN TECH SHARE PRICE
BofA Securities buys 6.37 lakh shares of smallcap multibagger Kellton Tech Solutions worth Rs 11 crore This stock has skyrocketed 119% in the past year, leaving the Nifty's 25% gain in the dust. Year-to-date, it's up an impressive 81%, dwarfing the Nifty's 13% return.
15 Jul, 2024, 09.36 PM ISTConfident of meeting overall guidance of 3-5% constant currency growth for the year: HCL CEO The Q1 has typically been HCL's weakest margin quarter with the top line impacts which have also been seasonal in that sense and Q1 even in the previous two years has been around that 17%, which is where HCL landed up this quarter as well, says CFO ...
15 Jul, 2024, 01.14 PM ISTShare market update: Most active stocks of the day in terms of total traded value The NSE Nifty index was trading 87.8 points up at 24589.95
15 Jul, 2024, 10.44 AM IST
HCL Tech shares surge 4% on Q1 profit beat. Time to hold or buy? HCL Technologies reports a 20% YoY growth in net profit, reaching Rs 4,257 crore for the quarter ended June 2024. Brokerages maintain positive views on the stock with target prices ranging from Rs 1,720 to Rs 1,850.
15 Jul, 2024, 09.51 AM ISTHot stocks: Brokerage view on HCL Tech and Avenue Supermarts Nomura raised HCL Tech's target to Rs 1,720, citing Q1FY25 beat expectations. Investec, maintaining a sell view with a Rs 1,312 target, noted inline results with concerns over EBIT%.
15 Jul, 2024, 09.12 AM ISTHCL 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 ISTHCL Tech Q1 Results: Cons PAT jumps 20% YoY to Rs 4,257 crore, beats estimates HCL Tech Q1 Results: Profit rose 7% from the previous quarter, while revenue dipped 1.5%. Constant currency revenue increased 6% year-on-year but fell 1.6% quarter-on-quarter. EBIT increased 7% year-on-year to Rs 4,795 crore but decreased 4% quarter...
12 Jul, 2024, 11.31 PM ISTTCS is the largest IT company and the safest; expect better profitability down the year: Mahantesh Sabarad TCS reported Rs 62,000 crore revenue with a 24.6% margin due to execution delays and profit decline. Mahantesh Sabarad is optimistic, recommends Tata Tech for midcaps. Accenture sees high deal flow but delays. US dollar revenue at $7.5 billion. AI i...
12 Jul, 2024, 08.15 AM ISTAsian stocks fall after US tech slump; Yen swings: Markets wrap Asian equities fell amid US inflation signs. Yen fluctuated due to Bank of Japan actions. Japanese shares, Kospi dropped, while Australian shares rose. Nasdaq 100 fell 2.2%. S&P 500 and small-caps gained. Rate cut optimism drove riskier investments....
12 Jul, 2024, 06.40 AM ISTHCL Tech Q1 Results Preview: PAT may grow 6% YoY to Rs 3,745 crore, revenue uptick seen at 6.5% Revenue for the quarter is projected to be Rs 27,997 crore, marking a 6.5% increase over the same quarter of the previous financial year, according to average estimates. Although the company is expected to report year-on-year growth in profit after ...
11 Jul, 2024, 10.59 PM ISTHot Stocks: Brokerage view on Emami, Godrej Consumer, Affle, Tech Mahindra, and others Citi maintains a sell rating on Persistent (TP: Rs 3,080). Q1 shows strong growth but expects sequential margin decline, with Q2 at risk due to wage hikes. Market worries over FY25 margins and stable TCV. Despite a 24% rise, stock beats IT index by ...
09 Jul, 2024, 09.35 AM ISTOrient Cement shares zoom over 5% amid UltraTech’s plans of acquisition UltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Adani Cement, following a 23% stake in India Cements. Valued at Rs 6,417.51 crore or $109-110 per ton, Orient Cem...
04 Jul, 2024, 11.27 AM ISTM&M, Power Grid, 11 other stocks outperform Sensex in its fastest 10,000 points marathon As a NEWS EDITOR, investors are urged by Nilesh Shah to maintain a long-term perspective and proper asset allocation as Sensex reaches the 80,000 milestone. He draws parallels with Nasdaq's history and notes Gold's outperformance compared to Nifty i...
03 Jul, 2024, 03.36 PM ISTShares of India Cements rally over 30% in one week as UltraTech deal impresses investors India Cements' shares soared by 33% this week after UltraTech Cement acquired a 24% stake. The move pits UltraTech against competitors like Adani group in the quest for market share dominance, highlighting the ongoing consolidation in the cement ind...
28 Jun, 2024, 11.41 AM ISTUltraTech to buy 23% stake in India Cements for Rs 1,885 crore UltraTech Cement approved acquiring a 23% stake in India Cements for Rs 1,885 crore at Rs 267 per share, describing it as a financial investment. The deal, which has been described as a "financial investment" by the Aditya Birla Group company, would...
27 Jun, 2024, 12.59 PM ISTShare market update: Most active stocks of the day in terms of total traded value The NSE Nifty index was trading 98.3 points up at 23967.1
27 Jun, 2024, 10.29 AM ISTAmara Raja shares rally 20% to fresh highs as company signs agreement for lithium ion batteries Amara Raja Energy partners with Gotion High-Tech for advanced cell manufacturing, accessing technology, Gigafactory facilities, and battery materials. Collaborations with InoBat strengthen LiB battery development.
25 Jun, 2024, 10.47 AM ISTCarTrade Tech block deal: Royal Bank of Scotland buys shares worth Rs 41 crore in this smallcap counter A news report indicates that block deals involving 71 lakh shares, or 15.1% of the equity, were executed for the company. CMDB II, a private equity fund managed by JP Morgan Investment Management, was among the sellers, offloading 3,60,411 shares at...
24 Jun, 2024, 11.05 PM ISTAdani Ports to enter Sensex on Monday, Wipro to exit as part of semi-annual rejig Adani Ports’ Sensex inclusion will trigger passive inflows of $259 million and 14.9 million shares are expected to be added, according to Nuvama’s estimates. Wipro’s exclusion could see outflows of $170 million.
21 Jun, 2024, 05.20 PM ISTIxigo operator Le Travenues Tech's shares turn multibagger, zoom 112% in two days Shares of Le Travenues Technology, which operates online platforms such as Ixigo and Abhibus, surged 19% on Wednesday to reach a day's high of Rs 197.50 on the National Stock Exchange (NSE). Since its listing on Tuesday at an issue price of Rs 93, t...
19 Jun, 2024, 12.37 PM IST