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The fall in EBIT margin could be limited due to the benefit from rupee depreciation, cut in travel costs, and optimisation on variable costs, according to analysts.
Travel and Hospitality vertical contributes nearly 16 per cent to Mindtree's total revenues.
The stock of the Tata group company was trading at its highest level since December 15, 2017.
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The stock of the fast-moving consumer goods (FMCG) giant has gained nearly 5 per cent in the past two trading days.
It will be the first quarterly result announcement by the company under its new CEO, Thierry Delaporte, who took charge of the firm earlier this month.
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Analysts at Choice Broking remain positive on the company's prospects on hopes that India could compete with China to become a global manufacturer in the post Covid-19 era
For the quarter under review, TCS reported a profit before tax (PBT) of Rs 9,504 crore, which was 9.6 per cent lower than in the previous quarter
The stock hit a new high of Rs 723 during the day, up 16 per cent.
After reducing stake in the previous three consecutive quarters, Rakesh Jhunjhunwala increased his stake in the company to nearly 3 percentage points.
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Nippon Life Asset Management slipped 4 per cent to Rs 291, while HDFC AMC dropped 3 per cent to Rs 2,490 in the intra-day trade on the BSE.
For the quarter ended March 2020, Can Fin Homes had reported a 37.5 per cent jump in net profit at Rs 90.91 crore
Escorts and Alkyl Amines Chemicals gained 3% today, surging over 60% in the past three months on the BSE.
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The Street, analysts believe, appears to be focusing on recovery path which is also visible in the strong rally in the sector.
The stock has zoomed 302 per cent from its 52-week low of Rs 147 touched on March 25, 2020.
In May last year, Tata Group had decided to demerge the consumer business of Tata Chemicals and merge it with Tata Global Beverages.
Here's a list of stocks that may remain in focus today