HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

Shares of India’s third largest IT company HCL Technologies jumped 1.3% to its day’s high of Rs 1,880.65 on the BSE after reporting a 10.5% jump in its September quarter consolidated net profit to Rs 4,235 crore, up from Rs 3,832 reported by the company in the year-ago period. Following the quarterly results, various brokerage … Read more

Kotak Mahindra Bank among top 5 Navratri picks for up to 27% returns – Navratri Picks

Kotak Mahindra Bank among top 5 Navratri picks for up to 27% returns – Navratri Picks

Indian Railway Finance Corporation Share Price 152.07 04:08 PM | 4 Oct 2024 0.47(0.32%) Suzlon Energy Share Price 74.67 04:08 PM | 4 Oct 2024 -1.08(-1.43%) Indian Renewable Energy Development Agency Share Price 221.66 04:08 PM | 4 Oct 2024 -1.66(-0.75%) Tata Motors Share Price 930.75 04:08 PM | 4 Oct 2024 5.05(0.55%) YES Bank … Read more

DMart shares tumble 5% despite 15% YoY jump in revenue. Should you invest?

DMart shares tumble 5% despite 15% YoY jump in revenue. Should you invest?

Shares of Avenue Supermarts-operated DMart tumbled 5% to their day’s low of Rs 4,701.90 after the company reported 14% growth in its standalone revenues at Rs 14,050 crore for the second quarter and added a net of 6 stores. The total number of stores at the end of September 2024 stood at 377. The Radhakishan … Read more

Varun Beverages shares surge over 5% post Q1 results. Should you buy, sell or hold?

Varun Beverages shares surge over 5% post Q1 results. Should you buy, sell or hold?

Shares of PepsiCo bottler Varun Beverages (VBL) jumped 5.5% on BSE today to the day’s high of Rs 1,558.45 after reporting an increase of 25% year-on-year (YoY) in March quarter PAT to Rs 548 crore. The brokerages have increased the target price for the stock post earnings announcement. The company’s revenue from operations in Q1 … Read more