TCS in focus after declaring Q2 result

TCS' consolidated net profit rose 6.5% to Rs 6085 crore 5.8% growth in revenue to Rs 27165 crore in Q2 September 2015 over Q1 June 2015. Operating profit rose 8.7% to Rs 7307 crore in Q2 September 2015 over Q1 June 2015. The company announced results after market hours yesterday, 13 October 2015. The growth was broad based in Q2 with all industries growing on a sequential basis led by banking & financial services (BFS), retail, life sciences and travel & hospitality. Core markets like UK, North America, and Europe grew smartly along with emerging markets like Latin America, Indian and MEA. There was balanced growth across service lines led by asset leveraged solutions. The customers with deals of $100 million and above rose by 3 and $10 million and above customers rose by 6 in Q2 September 2015.

TCS has declared a second interim dividend of Rs 5.50 per share for the year ending 31 March 2016 (FY 2016).

Hindustan Unilever and Zee Entertainment Enterprises will declare their Q2 September 2015 result today, 14 October 2015.

Maruti Suzuki India after market hours yesterday, 13 October 2015, announced the opening of pre-launch bookings for its premium passenger car Baleno. The car is slated for launch by the end of the month.

Siemens announced after market hours yesterday, 13 October 2015 that together with its parent company Siemens AG, it has won an order totalling Rs 183 crore from NTPC. The component of Siemens in the order is approximately Rs 97 crore. The scope of work includes modernization as well as maintenance of controls and instrumentation at NTPC's Dadri Power Gas Station.

Info Edge (India) announced that it has transferred its entire shareholding in Etechaces Marketing and Consulting (Etechaces or Policybazaar) to its wholly owned subsidiary MakeSense Technologies for a total consideration of Rs 101.3 crore. Consequent to the transaction, the company will own 50.01% of MakeSense and MakeSense will hold about 19.65% stake in Policybazaar. The announcement was made after market hours yesterday, 13 October 2015.

NHPC announced after market hours yesterday, 13 October 2015 that the board of directors of the company at its meeting held on 12 October 2015 has approved the award of engineering, procurement and construction (EPC) contract for 50 megawatts (MW) solar power project in the state of Tamil Nadu.

Greenply Industries announced after market hours yesterday, 13 October 2015 that that a meeting of the board of directors of the company will be held on 28 October 2015, to consider 5-for-1 stock split.

Cyient announced after market hours yesterday, 13 October 2015, that Cyient Europe, a wholly owned subsidiary of the company has incorporated a subsidiary named Cyient SRO, in the Czech Republic.

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