TCS to be watched after Q3 result

TCS' consolidated net profit rose 2.58% to Rs 8105 crore on 2.43% rise in total income to Rs 38501 crore in Q3 December 2018 over Q2 September 2018. The result was announced after market hours yesterday, 10 January 2019.

Commenting on the Q3 performance, Rajesh Gopinathan, Chief Executive Officer and Managing Director, said the strong client metrics, industry leading growth in digital services, a very strong order book and deal pipeline are all validations that customers recognize the company's differentiated capabilities and are picking it for their growth and transformation programs.

Infosys announces its Q3 December 2018 results today, 11 January 2019.

Reliance Industries said that the company is planning to shut down one of the Crude Distillation units and Coker Unit of its DTA refinery at Jamnagar for routine maintenance and inspection activities for about 4 weeks staring from 16 January 2019. The other Crude Distillation and Secondary processing units are expected to operate normally. The announcement was made after market hours yesterday, 10 January 2019.

Tata Motors' unit Jaguar Land Rover (JLR) reported retail of 52,160 in December, down 6.4% year-on-year primarily reflecting ongoing challenging market conditions in China (down 42.4%) as slowing economic growth and trade tensions with the US continue to impact automotive sales volumes across the industry, which were lower for the sixth consecutive month. Jaguar Land Rover continues to work closely with retailers in China to respond to the present market conditions. The announcement was made after market hours yesterday, 10 January 2019.

NBCC (India) said it has secured total business of Rs 187.90 crore (approx) in December 2018. The announcement was made after market hours yesterday, 10 January 2019.

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