Analysts at Phillip Capital have an outlier estimate for the bank's net profit for this quarter. They peg the PAT at Rs 585.2 crore, up a whopping 94 per cent QoQ.
Going forward, analysts expect a ramp up of large deals won in the previous quarters and improvement in deal wins in coming quarters to drive Tech Mahindra's revenues
Here's a list of stocks that may remain in focus today.
A total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today
So far, this financial year (from April 1 to date), silver has gained 63 per cent
After the expiry of the scheme, entities who do not avail the one-time settlement opportunity will be liable for action
Hair oil volumes return to pre-Covid levels, but staying there won't be easy
Increased need for automation may help firm rebound faster than peers
New directions suggest clients cannot use sale proceeds for other trades
Earlier, small broking houses were able to attract clients by allowing them to take large leveraged intra-day trades without taking any upfront commission from them
Uncertainty over asset quality remains challenge; a few stocks attractive from a medium term perspective, say analysts
The regulator, in May, had granted one-time relaxations from strict enforcement of SAST Regulations and norms for buyback of securities through open and buyback tender offers
In May 2017, CARE Ratings downgraded the ratings assigned to non-convertible debentures (NCDs) issued by RCom to default
The company said that demand markets were tepid initially because of lockdowns, but picked momentum in the later half of May.
BSE Sensex fell 194 points or 0.51 per cent to settle at 37,935 while NSE's Nifty ended at 11,132, down 62 points, or 0.56 per cent
All that happened in the markets today
With domestic air travel resuming only from May 25th, analysts expect Q1 performance to be adversely impacted due to truncated size of operations & travel restrictions by state governments
Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019
Thus far in the month of July, the Nifty IT index has outperformed the market by surging 19 per cent as against Nifty 50 index which was up 8.25 per cent during the same period
With the benchmark indices trading in a narrow range on Monday, here are key levels for index heavyweights that can help you plan your trading strategy.