Infosys’ mixed signals give cold vibes to investors

Infosys’ mixed signals give cold vibes to investors

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…

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TCS’ Q2 margin miss drives earnings downgrades

TCS’ Q2 margin miss drives earnings downgrades

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…

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Stocks to Watch: Tata stocks, Vedanta, Adani Enterprises, Zee, ICICI Securities, and more | Stock Market News

Stocks to Watch: Tata stocks, Vedanta, Adani Enterprises, Zee, ICICI Securities, and more | Stock Market News

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)…

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Market Meltdown: Mcap of nine of top-10 most valued firms erodes by  ₹4.74 lakh crore, Reliance, HDFC worse hit | Stock Market News

Market Meltdown: Mcap of nine of top-10 most valued firms erodes by ₹4.74 lakh crore, Reliance, HDFC worse hit | Stock Market News

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…

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