Particulars (In Rs. Cr.) – Consolidated Q4FY21 Q3FY21 Q4FY20 QoQ % YoY% FY21 FY20 YoY % Revenue from Operations 43,705 42,015 39,946 4.0% 9.4% 1,64,177 1,56,949 4.6% Other Income 931 691 738 34.7% 26.2% 3,134 4,592 -31.8% Total Income 44636 42706 40684 4.5% 9.7% 167311 161541 3.6% Employee Benefit Expenses 23625 23,431 22051 0.8% 7.1%…
TECHNICAL PICKS COMPANY CMP B/S RATIONALE DRREDDY 4996.95 BUY The stock has given a breakout from a narrow trading range. The stock can be bought at CMP with a stop at 4930 and for the target 5150 ASIAN PAINTS 2602.20 BUY The stock has given a breakout from a narrow trading range. The stock can…
View on market: Stay Cautious, be with quality business: Asian equities climbed early Tuesday, with U.S. stocks around record highs as investors eye the start of the corporate earnings season and relatively smooth sales of government debt. Stocks opened in the green in Japan, South Korea and Australia. U.S. equity contracts fluctuated after the S&P…
View on market: Stay Cautious, be with quality business: The Asian equities have begun the new trading week on a subdued note, even as peers on Wall Street gained for the third week in a row on Friday. Benchmarks were steady in Japan, South Korea and Australia. Sentiment in the U.S. received a boost with…
NIFTY: The Nifty opened at 14882.65 without much of a gap. The index initially went down and then started moving upside to record its intraday high at 14918.45. Prices then saw a mild decline and recorded its intraday low at 14785.65. The index then spent the rest of the day trading choppy and narrow. Prices…
Mphasis Limited is a information technology solution provider in cloud and cognitive services. The Company’s segments include Banking and Capital Market, Insurance, Information Technology, Communication and Entertainment and Emerging Industries. The geographical segments include United States of America, India, Asia Pacific and Europe, Middle East and Africa. It offers cloud computing, cognitive solutions, digital services,…
Company Profile: – Clean Science and Technology Ltd. is engaged in the manufacturing of functionally critical specialty chemicals such as Performance Chemicals comprising MEHQ, BHA and Ascorbyl Palmitate, Pharmaceutical Intermediates comprising Guaiacol and DCC and FMCG Chemicals comprising 4- MAP and Anisole. Company’s products are used as Key Raw materials cater to a diverse base…
NIFTY: The Nifty opened at 14875.65 with a gap up of 56 points. The index rallied further and recorded its intraday high at 14984.15. The index started a sharp decline just after prices have recorded the intraday high and fell down almost 150 points. The index recorded its intraday low at 14821.10 and finally closed…
View on market: Stay Cautious, be with quality business: Asian equities are mixed on the final trading day on the week, despite gains on Wall Street overnight. Benchmark indices gained in Japan, fluctuated in South Korea and declined in Australia. A rise was seen on Wall Street on Thursday even as volumes set new lows…
Q4FY21 is expected to be another strong quarter for Indian IT companies. The strong topline growth in Q2FY21 and Q3FY21 will help the industry for double-digit growth in FY22E. Indian IT Industryis likely to witness revenue growth of 2.0%-5.0% QoQ in Constant currency terms for Q4FY21. Growth will be led by ramp up of several…