Sunday, July 16, 2023

Makes sense to buy IT now; Eicher oversold: Religare’s Siddharth Bhamre on his picks

Makes sense to buy IT now; Eicher oversold: Religare’s Siddharth Bhamre on his picks Siddharth Bhamre is bullish on the IT sector. For value investors, this is the time to accumulate these stocks, he tells Moneycontrol, as he share his picks from the IT sector as well as auto, FMCG, cement and banking

from Moneycontrol Business News https://www.moneycontrol.com/news/business/makes-sense-to-buy-it-now-eicher-oversold-religare’s-siddharth-bhamrehis-picks_17114401.html

Makes sense to buy IT now; Eicher oversold: Religare’s Siddharth Bhamre on his picks

Makes sense to buy IT now; Eicher oversold: Religare’s Siddharth Bhamre on his picks Siddharth Bhamre is bullish on the IT sector. For value investors, this is the time to accumulate these stocks, he tells Moneycontrol, as he share his picks from the IT sector as well as auto, FMCG, cement and banking

from Moneycontrol Business News https://www.moneycontrol.com/news/business/makes-sense-to-buy-it-now-eicher-oversold-religare’s-siddharth-bhamrehis-picks_17114411.html

Friday, July 14, 2023

TCS Q1 FY24 – Macro impact dents show, near-term outlook cloudy

TCS Q1 FY24 – Macro impact dents show, near-term outlook cloudy Contrary to the expectations of normalisation in the second half of FY24, the company management remains non-committal on the timing of recovery

from Moneycontrol Business News https://www.moneycontrol.com/news/business/tcs-q1-fy24-–-macro-impact-dents-show-near-term-outlook-cloudy_17110381.html

HCL Tech Q1 – All-round disappointment

HCL Tech Q1 – All-round disappointment Achieving revenue and margin guidance will be a tall ask for the company

from Moneycontrol Business News https://www.moneycontrol.com/news/business/hcl-tech-q1-–-all-round-disappointment_17110311.html

Tata Power#39;s 7.5 lakh Mumbai customers to pay lower old tariff after APLTEL order

Tata Power#39;s 7.5 lakh Mumbai customers to pay lower old tariff after APLTEL order "The APTEL today passed an order granting interim relief sought by Tata Power by staying the Maharashtra State Electricity Regulatory Commission#39;s (MERC) revised tariff schedule on MTR (multiple tariff revision) frameworks approved by the Hon#39;ble Maharashtra Electricity Regulatory Commission (MERC)," a company statement said.

from Moneycontrol Business News https://ift.tt/GgoPWxd

Tata Steel offers Rs 83 lakh funding for RD projects in low carbon segment

Tata Steel offers Rs 83 lakh funding for RD projects in low carbon segment As part of the #39;UK-India Hydrogen Partnership Sprint Series#39;, Tata Steel said it will grant 80,000 pounds (Rs 83 lakh) funding for two innovative projects in the low carbon hydrogen segment.

from Moneycontrol Business News https://ift.tt/LIWjedQ

Thursday, July 13, 2023

Wipro Q1 FY24 – Will the stock’s long underperformance reverse?

Wipro Q1 FY24 – Will the stock’s long underperformance reverse? Valuation is fast approaching the pre-pandemic level

from Moneycontrol Business News https://www.moneycontrol.com/news/business/wipro-q1-fy24-–-willstock’s-long-underperformance-reverse_17111911.html

Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of top newspaper stories to keep you ahead of others.

from Moneycontrol Business News https://ift.tt/602slJW

EQT Asia fund plans to invest more than $3 billion in India

EQT Asia fund plans to invest more than $3 billion in India BPEA-EQT plans to commit nearly 30% of the $11.2 billion Baring Private Equity Asia Fund VIII, according to Jimmy Mahtani, a partner at the firm who is responsible for investments in India.

from Moneycontrol Business News https://ift.tt/2yGTdQw

EQT Asia fund plans to invest more than $3 billion in India

EQT Asia fund plans to invest more than $3 billion in India BPEA-EQT plans to commit nearly 30% of the $11.2 billion Baring Private Equity Asia Fund VIII, according to Jimmy Mahtani, a partner at the firm who is responsible for investments in India.

from Moneycontrol Business News https://ift.tt/s3qdBJf

LT supplies various components for Chandrayaan-3

LT supplies various components for Chandrayaan-3 In a regulatory filing, the company said components like "middle segment and nozzle bucket flange" were manufactured at its facility in Powai, while components like ground and flight umbilical plates were from the company#39;s aerospace manufacturing facility at Coimbatore.

from Moneycontrol Business News https://ift.tt/E1F6g7e

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...