Page 27 - Q2 Results

Auto, retail, BFSI favorable investment bets in Samvat 2079: Vinay Paharia

The fair value growth of the Nifty is expected to be healthy in the long run, driven by a strong economic growth outlook, says Paharia

TMS Ep279: Domestic consumption, freight train, banks in Q2, SC Collegium

Has festival cheer brought India's consumption story back on track? How did railways turn around the freight train? Will banks see better margins in Q2? What is the SC Collegium system? Answers here

Will banks see better margins in second quarter results?

Defying headwinds, banks are expected to report a healthy rise in net profit for September quarter. Find out how the Q2 report cards of banks look like and the warning signs that one should be wary of

TCS shares fall nearly 2% after Q2 results; m-cap declines by Rs 19,118 cr

Shares of Tata Consultancy Services (TCS) on Tuesday fell by nearly 2 per cent, a day after the firm announced its September quarter earnings. The results were announced post market hours on Monday. The stock of the IT services exporter declined 1.67 per cent to settle at Rs 3,068.95 apiece on the BSE. During the day, it fell 2.12 per cent to Rs 3,054.75. On the NSE, it went lower by 1.74 per cent to end at Rs 3,064 apiece. In volume terms, 14.29 lakh shares of the company were traded on the BSE and over 47.30 lakh shares on the NSE during the day. Its market valuation fell by Rs 19,118.43 crore to Rs 11,22,944.57 crore. The 30-share BSE benchmark ended 843.79 points or 1.46 per cent lower at 57,147.32. On Monday, TCS reported an 8.4 per cent growth in its September quarter net profit at Rs 10,431 crore, crimped by a dent on margins. The Tata group company, however, said the operating environment is "challenging" and warrants "vigilance", even though the headwinds posed by fact

HCL Tech Q2 preview: Margins to improve QoQ; revenue may rise up to 20% YoY

HCL Tech Q2 results preview: Its net profit may rise by as much as 6 per cent YoY. The company's EBIT margins will likely improve by 20-60 basis points to 17.6%

Wipro Q2 preview: Revenue may jump 17% YoY; profit seen dropping up to 6%

Wipro Q2 results preview: Its margins will likely be weak over the last year, but may improve on a quarterly basis by 20-30 basis points (bps) to 15.3 per cent

TCS slips over 2% even as Q2FY23 results beat Street estimates

The IT major reported net profit of Rs 10,431 crore, up 8.4 per cent year-on-year (YoY) and 10 per cent quarter-on-quarter (QoQ)

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.

TCS to give full variable pay to 70 per cent employees in Q2FY23: Report

In Q2FY23, TCS saw an eight per cent year-on-year (YoY) jump in its net profit to Rs 10,465 crore, beating the estimates

Infosys gains nearly 1% as board to consider share buyback on Thursday

The company's board will consider a proposal for buyback of fully paid-up equity shares at its meeting on October 13, 2022 and also announce its September quarter earnings.

Stocks to watch: TCS, Ashok Leyland, AU SFB, Adani Ports, NMDC, IDBI Bank

Stocks to watch today: TCS reported an 8 per cent rise in consolidated net profit to Rs 10,431 crore in Q2FY23; AU SFB re-appointed R V Verma as its non-executive chairman.

Paytm loan disbursals up 482% YoY in Q2, firm sees 'continued growth'

Festive season preparation drives business for digital payments company

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

TCS sees softness in long-term deals after second-quarter beat

Many of India's top IT services firms are looking at various cost-cutting measures, as they are worried that tightening budgets at recession-wary US and European clients will sharply hit their profits

Top headlines: TCS Q2 net rises 8%; Nobel economics for research on banks

The firm's consolidated revenue from operations rose 18% to Rs 55,309 crore in Q2FY23 as against Rs 46,867 crore in Q2FY22

JSW Steel reports combined production growth of 12% to 5.68 MT in Jul-Sep

JSW Steel has reported a 12 per cent year-on-year growth in its combined steel production at 5.68 million tonne (MT) in the quarter ended September 2022. In the year-ago-period, its combined steel output was at 5.07 MT, JSW Steel said in a statement. "JSW Steel reported its group combined crude steel production at 5.68 million tonne, registering a growth of 12 per cent y-o-y, including the production at jointly controlled entities," it said. The jointly controlled entities include Bhushan Power & Steel Ltd (BPSL) and JSW Ispat Special Products Ltd (JISPL). The production at 5.68 MT was 3 per cent down compared to 5.88 MT in April-June period of ongoing fiscal year. "The drop in production is attributable mainly to extended maintenance shutdowns in JISPL, subdued market conditions in the USA and lower capacity utilisation in other locations in India due to supply and logistics constraints in sourcing of iron ore and steep decline in export volumes," it said.

TMS Ep277: Ambani's family office, Vaccine waste, IT's Q2 earnings, GRAP

Why does Mukesh Ambani need a family office? How did India waste 100 mn Covid vaccines? What to expect from IT's Q2 earnings? How are GRAP measures used to combat air pollution? Answers here

TCS bounces 3.5% off lows ahead of September quarter results today

Analysts expect TCS to post a sequential revenue growth of 3-4.6 per cent in constant currency terms, while its net profit may rise in the range of 6-10.7 per cent from the last quarter

What should you expect from IT majors' Q2-FY23 earnings?

The second quarter earnings season is set to begin today with results from IT major TCS. Here's a report on what experts are anticipating from top Indian IT majors in the September quarter

Stocks to watch: TCS, HUL, GCPL, Ambuja Cements, Tata Power, Bandhan Bank

Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%