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.
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Decoding Equitas Small Finance Bank’s Q4 earnings, April Auto Sales, And More.
Gold Silver Reports (GSR) – Decoding Equitas Small Finance Bank’s Q4 earnings, April Auto Sales, And More. – Indian Open
Indian equity benchmarks opened lower today after a volatile trade yesterday. HCL Technologies and HDFC Bank were among the heavyweights that weighed the benchmark indices.
Stocks To Watch: Biocon, Cadila, Power Grid, InterGlobe Aviation
Gold Silver Reports (GSR) – Stocks To Watch: Biocon, Cadila, Power Grid, InterGlobe Aviation — Indian equity benchmarks halted their three-day upmove as gains in Kotak Mahindra Bank, ITC and HDFC were offset by losses in Vedanta, Hindalco and Tata Steel. The S&P BSE Sensex was little changed at 35,176.42 while the NSE Nifty 50 index fell 0.2 percent or 21 points to 10,718.05.
Bajaj Auto Stock Sales Jump 26% In April
Gold Silver Reports (GSR) – Bajaj Auto Sales Jump 26% In April
📌 Bajaj Auto sold 4,15,168 units in April versus 3,29,800 units, up 25.88 percent (YoY)
📌 Bajaj Auto exported 1,85,704 units versus 1,51,913 units, up 22 percent (YoY)
HCL Tech Stock Meets Estimates In Q4; Sees Revenue Growth Of 9.5-11.5% In FY19
Gold Silver Reports (GSR) – HCL Tech stock Meets Estimates In Q4; Sees Revenue Growth Of 9.5-11.5% In FY19 – The country’s third largest IT outsourcing firm reported March quarter earnings which came mostly in-line.
HCL Technologies Share Q4 Profit Meets Estimates
Gold Silver Reports (GSR) – HCL Technologies Share Q4 Profit Meets Estimates – Sales in dollar terms rose 2.5 percent to $2,038 million, also higher than the $1,988 million estimate. Earnings before interest and tax rose 2.9 percent to Rs 2,583 crore, while Ebit margins remained unchanged at 19.6 percent.
Stocks To Watch: Eicher, L&T, Maruti Suzuki, Tata Motors
Gold Silver Reports (GSR) – Stocks To Watch: Eicher, L&T, Maruti Suzuki, Tata Motors — Earnings from the country’s largest mortgage lender HDFC beat consensus estimates while the second largest private sector lender by market cap Kotak Mahindra Bank reported stable asset quality in March quarter.
Interglobe Aviation Stock Rebounds From Friday’s Sharp Fall
Gold Silver Reports (GSR) – Interglobe Aviation Stock Rebounds From Friday’s Sharp Fall – Shares of the Gurugram-based budget airline rebounded from Friday’s sharp fall and rose 0.7 percent to Rs 1,417.65. International brokerage JPMorgan has maintained an ‘overweight’ on InterGlobe Aviation stock for target price of Rs 1,690.
PC Jeweller Stock Rebounds On Proposal To Consider Share Buyback
Gold Silver Reports (GSR) – PC Jeweller Rebounds On Proposal To Consider Share Buyback – Shares of the Delhi-based jewellery retailer rebounded from its worst fall in over two months on Friday and rose as much as 17.55 percent to Rs 209. The stock snapped its 5-day losing streak after it informed exchanges that its board will meet on May 25 to consider a proposal to buy back its shares.
Reliance Industries Stock Slips On Profit Miss In Q4
Gold Silver Reports (GSR) – Reliance Industries Stock Slips On Profit Miss In Q4 – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate fell as much as 1.69 percent to Rs 977.95. – Reliance Industries Ltd.’s net profit rose for the eighth straight quarter aided by the petrochemicals business but missed analyst estimates.