Festive season springs hope for shareholders of Avenue Supermarts

Festive season springs hope for shareholders of Avenue Supermarts

The management has said that performance in the coming quarter and demand for the festival will continue to depend on the pandemic situation. Synopsis While a robust liquidity situation and resilient business model will keep the stock’s downside, the upside, too, seems to be capped in the near term given the slow business momentum. ET … Read more

Revenue and margin revision by Infosys signal better growth than peers

Revenue and margin revision by Infosys signal better growth than peers

ET Intelligence Group: Infosys was the third IT exporter to demonstrate a solid demand recovery in the second quarter similar to its peers Tata Consultancy Services (TCS) and Wipro. However, unlike them, it was able to report 3.2% year-on-year growth in revenue at $ 3,312 million reflecting a stronger momentum. The other two recorded a … Read more