Short Call | HDFC Bank woos the bulls; L&T upbeat on Saudi deal; brisk buying in Godrej Consumer; and UltraTech gets stronger
Moneycontrol » BFSI
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3M ago
Consensus sentiment around HDFC Bank and the entire BFSI pack remains positive, somewhat different from what it was at the beginning of the year ..read more
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Bank stocks take a hit as analysts predict margin pressure in Q2
Moneycontrol » BFSI
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6M ago
HDFC Bank, which is usually a bellwether stock for the banking sector, in its earnings report said its margins fell. Analysts also expressed their disappointment on its earnings numbers ..read more
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MC Interview: India will be world's third largest economy; vision of PM Modi is excellent, says Hinduja
Moneycontrol » BFSI
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6M ago
IIHL or IndusInd International Holdings Ltd is one of the promoter entities of private sector lender IndusInd Bank and was the winning bidder for Reliance Capital under the IBC (insolvency and bankruptcy code) route ..read more
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Defence, railway stocks expensive; Tata fund manager says ‘difficult to make money at these valuations’
Moneycontrol » BFSI
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6M ago
Earnings are expected to turn out better for consumer companies this year as margins were impacted in the last one year over high commodity prices ..read more
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Macroeconomic shifts push demand for frontline workers down 17%; salaries have declined 4%
Moneycontrol » BFSI
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7M ago
The average monthly salaries of frontline workers fell 4.5 percent to Rs 21,700 in FY23. While Logistics and Mobility contributed the most to the demand for frontline workers, the average monthly salaries for this sector decreased by 18 percent ..read more
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TCS in a state to tackle weak macro-economic demand, Motilal Oswal maintains buy
Moneycontrol » BFSI
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10M ago
Major margin dilution for TCS was from the manufacturing segment, which was down by 260 basis points ..read more
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After a dismal Q4 amid macro challenges, what is in store for IT firms in FY24?
Moneycontrol » BFSI
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1y ago
The year is set to be a challenging one for IT companies as pressure piles up on margins and clients demand pre-inflationary pricing ..read more
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Wipro expects macro environment to remain challenging, Q1FY24 rev guidance weaker than expected
Moneycontrol » BFSI
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1y ago
CEO Thierry Delaporte attributed the revenue growth decline in constant currency terms during the quarter to the uncertainty in the market and the resulting slowdown in discretionary spending ..read more
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Axis Bank Q3 Net Profit seen up 48.6% YoY to Rs. 5,369.9 cr: Emkay
Moneycontrol » BFSI
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1y ago
Net Interest Income (NII) is expected to increase by 24.8 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 10,796 crore, according to Emkay ..read more
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HDFC Q3 Net Profit seen up 12.2% YoY to Rs. 11,605.6 cr: Emkay
Moneycontrol » BFSI
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1y ago
Net Interest Income (NII) is expected to increase by 15.9 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 21,373.9 crore, according to Emkay ..read more
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