Gold Silver Reports (GSR) – HCL Technologies Stock Falls 10% In Last Two Days – Shares of the country’s third-largest information technology company fell nearly 10 percent over the last two days. Brokerage and research firms Nomura, Antique Stock Broking and HSBC downgraded the company’s stock rating after March quarter results announcement.
The company’s net profit stood at Rs 2,227 crore in March quarter, an increase of 1.5 percent compared to the previous quarter, according to its stock exchange notification. That was in-line with the Rs 2,248 crore.
Aviation Stocks Faces Turbulence, InterGlobe Slides 14.7% – Shares of airline operators declined in today’s trade, led by InterGlobe Aviation, which declined as much as 14.7 percent to Rs 1,145.30.