Page 2408 - Markets News

Infosys, Wipro hit 52-week lows

In past one-week, Wipro slipped 8% after the company reported disappointing Q2F17 results and a sluggish IT revenue guidance for Q3FY17.

Infosys, Sun Pharma, Wipro hit 52-week lows

Mindtree, Mahindra Lifespace and Welspun Corp from the Nifty500 index hitting their respective 52-week lows today.

Bharti Airtel climbs 5% on hopes of market share gain, hits 26-month high

The SC rejected the review petitions filed by telecom companies to grant relief on adjusted gross revenue, which have to be paid before the deadline of January 24

HCL Technologies trades flat ahead of Q3 nos; here's what analysts expect

For the quarter under review, analysts at Centrum Broking expect the company to deliver 1.8 per cent constant currency (CC) revenue growth.

BSE Midcap index hits 52-week high; Berger Paints, IGL scale record highs

ICICI Securities, Reliance Nippon Life, Berger Paints, Whirlpool of India, IGL, AU Small Finance and Motilal Oswal Finance have rallied more than 40% from April 3, 2019 levels.

Will Wipro's Q4FY18 result surprise investors? Here's what brokerages say

In the previous quarter, Wipro posted 11.85% quarter-on-quarter fall in consolidated net profit at Rs 19.30 billion.

Tough road ahead for Wipro as growth challenges likely to continue

Margin gains in the quarter are unlikely to sustain

Wipro to underperform peers; buyback a good option for investors: Experts

The company will repurchase 323.1 million shares, which represents 5.35 per cent of total paid-up equity share capital, at Rs 325 apiece, as per its stock exchange filing.

Wipro gains 4% after announcing schedule for Rs 10,500-crore share buyback

The company said it will dispatch the Letter of Offer for the buyback to eligible shareholders appearing on the record date of June 21, 2019, on or before August 6, 2019.

Wipro Q4 net at Rs 2,483.5 cr, announces buyback at Rs 325/share

The company also announced share buyback of 3.23 crore shares at Rs 325 apiece, aggregating Rs 10,500 crore. Earnings per share (EPS) of the company stood at Rs 4.13 during the period under review

Wipro Q4FY19 preview: Analysts see dip in margins; modest rise in PAT

Since the past six months (October 2018 onwards till date), Wipro has outperformed the markets by rallying 16.6 per cent as compared to 6.5 per cent rise in the Nifty50

Wipro Q3: Revenue in CC terms may grow 2% QoQ; deal wins, digital biz eyed

Wipro is scheduled to release its financial results for Dec quarter today. The earnings report of the company will be keenly watched for BFSI, participation in large deals and digital growth rates.

Q3 result preview: Here's what to expect from Wipro's December quarter nos

Commentary on recovery in top clients, outlook on spending in manufacturing and BFSI segments and guidance for the March quarter will some of the key things to watch

Wipro stock rises 8% on back of $1.5 billion deal from Alight Solutions

Stock's underperformance, discount to peers expected to ease as software major catches up on revenue growth

Rallis India soars 15%, hits 52-wk high on robust December quarter results

The company recorded consolidated revenues of Rs 534 crore for Q3FY20, a growth of 28 per cent over previous year's quarter of Rs 417 crore

Stocks that Prabhudas Lilladher is bullish on: Buy Biocon, Eicher Motors

Biocon has maintained a strong base near 280 levels which is a good support level and currently has indicated a positive bullish candle pattern to imply strength

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode

Market Ahead, January 17: Top factors that could guide markets today

A total of 18 companies, including Reliance Industries, Tata Consultancy Services (TCS), and HCL Technologies, are scheduled to release their December quarter numbers later in the day

Q3 result preview: Here's what brokerages expect in TCS' Oct-Dec numbers

Some key things to watch out for are the firm's outlook on client budgets and spends for 2020, outlook on a challenged US/Europe capital market/banking segment and select retail performance

In a major reform, Sebi allows stock exchanges to launch 'options on goods'

Sebi has also permitted exchanges to allow option on goods and options on futures with the same underlying commodities simultaneously