EBIT Margin Archives - GroYourWealth.com

ICICI Securities downgrades ACC to ‘add’ as Q2 profit slumps to nearly 20-year low

18 October 2022 by Admin

has downgraded ACC stock to ‘add’ for a target price of Rs 2,580 per share, after the company took a knock on its September quarter profitability by a steep 98% year on year (YoY) to almost 20-year low. This is a potential upside of 15% from the current price level. The brokerage mentioned that the … Read more

HCL Tech climbs nearly 3% ahead of Q2 results announcement

12 October 2022 by Admin

Shares of IT services provider rose as much as 2.7% to Rs 963.8 in intra-day trade on Wednesday, ahead of its second-quarter results later in the day. After two quarters of steep erosion in profitability, HCL Technologies is likely to have seen some improvement in margins during the quarter ended September due to lower operating … Read more