Thursday, January 12, 2023

Stocks in news: Infosys, HCL Tech, Cyient, L&T Tech, L&T, Wipro, Shriram Fin

Infosys on Thursday reported a 20.2% year-on-year (YoY) rise in consolidated revenue for the quarter ended December to Rs 38,318 crore, which topped analysts’ estimates. Consolidated net profit rose 13.4% on year to Rs 6,586 crore and was largely on expected lines. The software major surprised the Street by raising its constant currency revenue growth guidance for FY23 to 16-16.5% from 15-16% earlier. However, it retained its operating margin guidance at 21-22%.

from Economic Times https://ift.tt/UWcDajV

No comments:

Post a Comment

IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...