Page 23 - Q3 Results
HCL Tech Q3: Weak macros, narrow FY23 guidance limit upside, warn analysts
In Friday's trade, the stock gained marginally to close at Rs 1,077 per share, as against 0.5 per cent rise in the S&P BSE Sensex
 "HCL Tech Q3: Weak macros, narrow FY23 guidance limit upside, warn analysts")
At 3.8 million units, PV sales rev up to highest ever in 2022: Siam
Data showed that passenger vehicle sales grew by 23 per cent in 2022 compared to the previous year to touch 3.79 million units
 "At 3.8 million units, PV sales rev up to highest ever in 2022: Siam")
L&T Finance's Q3 net profit rises 39% on improved margins and fees
To accelerate sale of wholesale loan book; Makes one-time provision of Rs 2,687 cr
 "L&T Finance's Q3 net profit rises 39% on improved margins and fees")
Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts
Infosys Q3 review: The company is likely to benefit from vendor consolidation opportunities, gain market share and see margin expansion going ahead, say analysts
 "Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts")
Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates
The revenue expectations from IT Services business for the full year is set to be in the range of 11.5 per cent to 12.0 per cent, in constant currency terms
 "Wipro Q3 result: Gross revenue up 14.4% YoY; attrition rate moderates")
Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
 "Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950")
Kolte-Patil Developers rallies 12% on highest-ever quarterly sales in Q3
The management said that this growth was achieved on the back of firm realisations and highest-ever quarterly sales volumes, which improved 102 per cent QoQ and 31 per cent YoY
 "Kolte-Patil Developers rallies 12% on highest-ever quarterly sales in Q3")
HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?
HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500
 "HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?")
HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady
Outlook on margin trajectory, asset quality in Agri/Unsecured book, and commentary around credit cards, traction in fee income, and the merger with HDFC will be the key monitorables, analysts said
 "HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady")
HCL Tech down 3% as investors turn cautious on lowered revenue guidance
Despite strong performance in Q3, management lowered guidance in services and total revenue growth indicating weak Q4FY23.
 "HCL Tech down 3% as investors turn cautious on lowered revenue guidance")
Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial
Stocks to Watch: IT shares are likely to be in focus after Infosys and HCL Technologies reported stronger than expected Q3 results; and Wipro scheduled to report earnings on Friday.
 "Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial")
TMS Ep346: Telecom sector, investment cycle, Q3 results, WHO warning
Has the telecom sector recovery lost steam? Does higher demand point to the start of an investment cycle? Banks' earnings growth touched a peak in Q3? What is WHO's warning about alcohol? Answers here
 "TMS Ep346: Telecom sector, investment cycle, Q3 results, WHO warning")
HCLTech Q3 results: Profit rises 18.8%, FY23 revenue guidance trimmed
Deal pipeline remains strong, may see a moderation in Europe next quarter, says CEO
 "HCLTech Q3 results: Profit rises 18.8%, FY23 revenue guidance trimmed")
Q3 results: Infosys beats estimates, raises FY23 revenue guidance
Net profit for the Q3 FY23 came in at Rs 6,586 crore up 13.4 per cent y-o-y and 9.4 per cent sequentially
 "Q3 results: Infosys beats estimates, raises FY23 revenue guidance")
Q3 results preview: Cement sector profits seen weak despite strong sales
While improving demand has strengthened sales growth of cement firms, input costs have declined marginally: Analysts
 "Q3 results preview: Cement sector profits seen weak despite strong sales")
HCL Tech reports revenue growth of 19.6%; announces Rs 10 dividend
HCL Q3 results: The company added 2,945 new employees during the quarter, and the closing headcount was 222,270. The attrition rate in Q3FY23 stood at 21.7%
 "HCL Tech reports revenue growth of 19.6%; announces Rs 10 dividend")
Cyient reports 37% surge in Q3 revenue on back of slew of acquisitions
The company's design-manufacturing business Cyient DLM reported a 10.3% increase in revenue
 "Cyient reports 37% surge in Q3 revenue on back of slew of acquisitions")
Infosys Q3 result: IT major's revenue grows 20% YoY to Rs 38,318 cr
The attrition rate has been recorded at 24.35 in Q3FY23. In Q3FY22, it was at a higher 25.5%
 "Infosys Q3 result: IT major's revenue grows 20% YoY to Rs 38,318 cr")
Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%
CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent
 "Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%")
Wipro Q3 revenues may rise up to 3% QoQ; flattish margins likely: Analysts
On the bourses, Wipro underperformed peers as shares dropped 0.5 per cent, while TCS, HCL Technologies, and Infosys rose up to 11 per cent in Q3FY23
