Page 45 - Q3 Results

TCS hits all-time high, up 2%; market cap nears Rs 15-trillion mark

The current market cap of TCS stood around Rs 14.93 trillion on the BSE, as of 10:56 am, the exchange data showed.

UltraTech Q3 net up 7.8% YoY at Rs 1,708 cr on tax credits, better sales

As per Bloomberg estimates, the company's top line was seen at Rs 12,985 crore, while the bottom line was expected to be at Rs 1,494 crore in quarter ended December

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

Ultratech Cement Q3 consolidated net profit rises 8% to Rs 1,708 cr

Revenue from operations rose by 5.89% to Rs 12,984.93 crore during the quarter under review

Shares of this Jhunjhunwala-backed footwear firm soar 20% on strong Q3 nos

Metro Brands surged 20 per cent to hit a new high of Rs 608.20 on the BSE in Monday's intra-day trade, up 22 per cent from its issue price of Rs 500 per share.

HCL Technologies tanks 7% on margin disappointment in December quarter

EBIT margins for services (IT services+ ER&D) were down 190 bps on a QoQ basis.

Domestic airlines' losses to narrow in Q3 on strong yields, traffic growth

Average daily flights and passenger traffic were at 89% and 85% of pre-Covid level in December. Passenger per flight rose from 112 in September to 128 in December

Metro Brands Q3 consolidated net profit jumps 53% to Rs 102 cr

Consolidated revenue from operations rose 59% to Rs 484 cr

HDFC Bank Q3: Analysts see up to 17% YoY jump in profit; NIM may contract

Overall, analysts expect NIMs to be around 4.11-4.20 per cent. In Q3FY21, NIM was 4.2 per cent, and it was 4.10 per cent in Q2FY22.

Mindtree dips 6% on profit booking post December quarter results

As the key positives are already captured, brokerage firm Motilal Oswal Financial Services sees limited upside for the stock hereafter.

Poised for growth

Margins will improve for the IT sector

Tata Motors global wholesales sees 2% rise to 285,445 units in Q3

Tata Motors on Thursday reported a 2 per cent year-on-year increase at 2,85,445 units in group global wholesales, Jaguar Land Rover, for the third quarter of FY22.

Sensex ends choppy day 85 pts up; Wipro sinks 6%; Nifty Metal rallies 3.5%

Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent

HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand

The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.

Q3 earnings impact: Infy, TCS can rally up to 10%, Wipro may weaken further

TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100

Wipro slips 5% as Q3 earnings fail to meet market expecatations

IT services EBIT margin declined 60 bps QoQ to 17.1 per cent vs. 17.7 per cent last quarter.

IT Q3 results: TCS and Infosys beat Street estimates, Wipro misses

Tata Consultancy Services okays Rs 18,000-crore buyback

Market wrap: Sensex ends 533 pts up; Nifty above 18,200 led by RIL, Infosys

Realty index surges over 3%; Wipro reports Q3 net profit flat at Rs 2,969 cr, declares interim dividend of Re 1; Infosys Q3 PAT rises 12% to Rs 5,809 cr, raises FY22 revenue guidance

Sensex jumps 533pts; Nifty ends above 18,200 led by RIL, Infy, Airtel

The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices

Top headlines: Corporate ITR filing deadline extended, Tata new IPL sponsor

Telecom companies push for 90-95% cut in base price of 5G spectrum. More in today's top headlines