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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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3 mins read

TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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1 min read

Pidilite Industries Q4 profit rises to ₹304 crore

For the full 2023-24 fiscal, its PAT stood at Rs 1,747 crore, which was 36 per cent higher comp…

PTI   


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2 mins read

Paytm registers 25% growth in revenue at ₹9,978 crore in 2023-24

One 97 Communications, that operates popular fintech brand Paytm, reported a 25 per cent rise in re…

ANI   


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3 mins read

Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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3 mins read

Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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2 mins read

Elon Musk cancels trip to India as Tesla's struggles continue in the US

Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 earni…

BI India Bureau   


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2 mins read

Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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3 mins read

Telcos look at steady Q1 with Airtel expected to top average revenue per user

The first quarter of FY24 for telecom companies is expected to have modest EBIDTA growth and a lack…

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2 mins read

SBI Life Q4 profit rises 4% to ₹811 crore

Net premium income in Q4FY24 stood at Rs 25,116 crore as against Rs 19,897 crore in the year-…

PTI   


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5 mins read

IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts

Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…

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3 mins read

Adani Enterprises Q4 net falls 37%; incubating businesses show strong momentum

While incubating businesses like new energy and airports showed strong momentum, the firm suff…

PTI   


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4 mins read

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…

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1 min read

Central Bank of India logs Rs.717 crore net profit for Q3

Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…

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1 min read

Infosys market valuation jumps by Rs 20,843 crore after earnings announcement; Shares climb nearly 5%

The Infosys stock has emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms.

PTI   


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2 mins read

Hindalco shares slump 13% after Novelis results

Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a …

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2 mins read

The bar for earnings is low, and stocks should rise as long companies are feeling upbeat about lower rates, BofA says

"As long as companies have managed through macro headwinds and see early signs of improvement from …

Kelly Cloonan   


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1 min read

BoB Q2 net profit jumps 28% to ₹4,253 crore

Bank of Baroda (BoB) on Saturday reported a 28 per cent rise in its net profit to Rs 4,253 crore fo…

PTI