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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections
The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
L&T Tech reports sequential growth of 4.5% in CC revenues in Q2, upgrades FY23 revenue guidance to 15.5-16.5%
The company said that it has hit $1 billion in annualized revenue run rate. It bagged a multi-milli…
Moonlighting is fine as long as it is unrelated to what we do for our clients, says L&T Tech
At a time when moonlighting is generating a hot debate in the IT sector, L&T Tech says that it is f…
L&T reports ₹2,553 crore Q3 net profit, sees boost from major private capex investments
Construction and engineering behemoth Larsen & Toubro (L&T) on Monday reported a consolidated net p…
Sensex, Nifty50 edge lower after a positive opening: SBI, Axis Bank among top losers
India’s benchmark indices Sensex and Nifty50 are likely to open on a positive note on Wednesday ami…
L&T Infotech profit remains flat as salaries eat up nearly two-thirds of its revenue
L&T Infotech reported flat profit growth in the June quarter despite a moderate increase in revenue…
All decks cleared for L&T’s share buyback as co turns debt free
L&T said in its annual report that it has become debt free after considering cash and cash equivale…
L&T CMD SN Subrahmanyan’s salary doubles after a pandemic cut but Naik’s pay remains the same
L&T is amongst the largest infrastructure companies in India, with its business spread across engin…
Sensex, Nifty50 to open on a tepid note amid mixed global cues: Adani Enterprises, Vedanta, L&T, Tech Mahindra among stocks in focus
Asian stocks were mixed on Monday as investors awaited the US Fed’s decision on interest rates and …
Mid-tier IT companies expected to outperform the big guns
Indian mid-tier IT companies, including L&T Technology Services, Persistent Systems, and Coforge, a…
TCS, Infosys, L&T triplets tank on US troubles — wiping $10 billion off tech wealth
Indian tech giants TCS, Infosys, L&T's tech triplets and other stocks tanked, reflecting a global m…
Stocks rebound: Sensex jumps over 500 points, Nifty hits fresh high
Equity benchmark indices rebounded on Thursday, with Nifty hitting its fresh all-time high and Sens…
PTI
Markets may open slightly lower on mixed cues from Asian markets
Indian markets may open slightly lower today mirroring mixed cues from global markets that remained…
TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings
TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …
Larsen & Toubro sees a slowdown in new orders in the first three months of 2021 — management says contracts have been deferred
The company had posted a net profit of Rs 3,430.10 crore in the year-ago period, L&T said i…
PTI
L&T’s Q2 net profit grows 23% to ₹2,229 cr, margins soften on input cost pressures
Larsen & Toubro (L&T) today reported a 22.5% jump in consolidated net profit to ₹2,22…
Sensex, Nifty50 likely to open on a positive note amid volatility: Adani Enterprises, L&T, Eicher Motors among stocks in focus
India’s equity markets are likely to open on a positive note on Thursday amid heightened volatility…
Stock markets in choppy waters, L&T drags Sensex to close lower
Benchmark indices Sensex and Nifty pared early gains to close marginally lower in highly volatile t…
PTI
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…