Looking ahead, guidance for FY27 remains modest. HCLTech expects revenue growth of 1-4% with EBIT margins of 17.5%-18.5%, while Infosys has guided for 1.5%-3.5% growth…
Mukul Kochhar, Head of Equities at Investec Capital Services (India), says IT stocks have corrected from about 20x valuations to more reasonable levels, with large…
The board of Chennai Petroleum has recommended a final dividend of ₹54 per share for FY26, in addition to an interim dividend of ₹8 per…
Chennai Petroleum shares fell over 6% despite announcing its highest dividend payout in two years, alongside strong sequential earnings growth and improved margins during the…
Ashoka Buildcon wins $72.36 million Angola power project for Luanda networks. The project is to be executed in 24 month. Shares rise on order win…
Hindustan Zinc’s EBITDA margins expanded by 390 basis points from last year to 56.9% from 53% but fell short of the CNBC-TV18 poll figure of…
Brokerages issued downgrades and cut their price targets on HCLTech after its results miss. The miss from the company has resulted in a steep sell-off…
Hindustan Zinc declared an interim dividend of ₹11 per equity share (550% on a face value of ₹2), amounting to ₹4,648 crore.
Alkem Laboratories CEO Vikas Gupta said he decided to step down to pursue new professional opportunities that align closely with his long term professional and…
Larsen & Toubro launches L&T Electronic Products & Systems, industrial electronics unit, starts manufacturing in Coimbatore, with plans of 40 acre expansion, shares down intraday…