Morning-Outlook-Feature-Image

Daily Market Outlook – 27th July 2020

NIFTY: The markets had a remarkable turnaround on Friday even though the US markets had fallen the previous night and same with the Asian markets. Thanks to a spectacular performance by Reliance and some gains by Infosys, the Indian markets actually remained unaffected by the turmoil al over the world. The Nifty opened a little…

Techno-Funda-Feature-Image

Techno Funda Research Report | Recommended Stock of the Week (25th July 2020)

Hindustan Unilever Limited is an India-based consumer goods company. With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading…

Weekly-Market-View-Feature-Image

Weekly Market View – 25th July 2020

Indian Market Outlook: The Key benchmark indices rose over 2% over the week. This is the sixth consecutive week that Nifty is closing with gains. The rally in the index is being supported by positive development on the vaccine front and participation from some of the heavyweights from oil & gas and IT sectors. Nifty…

Morning-Outlook-Feature-Image

Daily Market Outlook – 24th July 2020

NIFTY: The Nifty opened almost unchanged and then started a slow and steady rise which went on throughout the day. The Nifty closed at the highs of the day at 11215. The index is now well above 11200, having notched up gains for five of the last six days. Yesterday’s rally came after one day…

Result-Analysis-Feature-Image

Result Analysis: Infosys Limited

Infosys 1QFY21 Result 1QFY21 4QFY20 1QFY20 YoY (%) QoQ (%) Revenue 23665 23267 21803 9% 2% Cost of Sales 15703 15501 14779 6% 1% Gross Profit 7962 7766 7024 13% 3% Operating Expenses: Selling and marketing Expenses 1146 1172 1174 -2% -2% Administrative Expenses 1451 1667 1379 5% -13% Total Operating Expenses 2597 2839 2553…

Result-Analysis-Feature-Image

Result Analysis: Tata Consultancy Services

TCS  (In Cr.) 1QFY21 4QFY20 1QFY20 QoQ % YoY% Revenue 38322 39946 38172 -4.1% 0.4% EBITDA 10024 10976 10037 -8.7% -0.1% EBITDA Margin (%) 26.2% 27.5% 26.3% (130) bps (10) bps Net Profit 7049 8093 8153 -12.9% -13.5% Net Profit Margin (%) 18.4% 20.3% 21.4% (190) bps (300) bps Consolidated Segment Information 1Q FY 21…

Result-Analysis-Feature-Image

Result Analysis: HCL Tech

HCL Tech 1QFY21 Result 1QFY21 4QFY20 1QFY21 YoY (%) QoQ(%) Revenue 17841 18590 16425 8.6% -4.0% Operating Expenditure 13275 13870 13025 1.9% -4.3% Cost of revenues 10728 11151 10920 -1.8% -3.8% SG&A expenses 2547 2719 2105 21.0% -6.3% EBITDA 4566 4720 3400 34.3% -3.3% Depreciation 906 839 595 52.3% 8.0% EBIT 3660 3881 2805 30.5%…

Result-Analysis-Feature-Image

Result Analysis: Federal Bank

Federal Bank 1QFY21 Highlight 1QFY21 4QFY20 1QFY20 YoY (%) QoQ (%) Interest Income 3444 3397 3229 7% 1% Interest Expenses 2148 2181 2075 4% -2% Net Interest Income 1296 1216 1154 12% 7% Other Income 488 711 392 24% -31% Operating Expenses 852 968 763 12% -12% Total Income 3933 4108 3621 9% -4% Total…