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Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint IT major Tata Consultancy Services (TCS), reported a reduction of 5,370 employees in its workforce during the fiscal third quarter, ending a trend of headcount growth observed in the previous two quarters. Attrition for the quarter saw a slight increase, reaching 13 percent compared to 12.3 percent in the previous quarter. In…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
Source: Business Standard Reliance (Photo: Shutterstock) 3 min read Last Updated : Oct 13 2024 | 12:26 PM IST The combined market valuation of seven of the top-10 most valued firms eroded by Rs 1,22,107.11 crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in line with weak…
Source: Live Mint MUMBAI : IT bellwether Tata Consultancy Services Ltd (TCS) raised the curtains on the sector’s September quarter (Q2FY25) earnings with subdued performance. Sequential constant currency revenue growth at 1.1% slightly missed the consensus estimate of 1.3%. Weaker growth in the North American market dragged overall growth even as the traction in the…
Source: Live Mint IT giant Tata Consultancy Services (TCS), on Thursday, announced a second interim dividend of ₹10 per share on Thursday. The payment date for the dividend is set for November 5, 2024, with the record date fixed for October 18, 2024. Before that, the company paid a final dividend of ₹28 to its…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Tata Stocks: Tata group companies are likely to be in focus following the passing of Chairman Emeritus, Ratan Naval Tata, during the night of Thursday, October 10. Adani Enterprises: The company has launched a qualified institutional placement (QIP)…
Source: Live Mint Tata Group stocks are all set to remain in focus on Thursday’s trading session following the demise of Ratan Tata, the chairman emeritus of Tata Sons and a legendary industrialist who played a key role in developing one of India’s largest and most influential conglomerates, on Wednesday night. In a media statement,…
Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
