Result Analysis: Tata Consultancy Services Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 48,885 46,867 42,015 4.31% 16.35% Other Income 1,205 1,111 691 8.46% 74.38% Total Income 50,090 47,978 42,706 4.40% 17.29% Employee Benefit Expenses 27,168 26,384 23,431 2.97%…
View on market: Stay Cautious, be with quality business: Asia stocks were mixed Thursday after a U.S. inflation climbed at the fastest pace since 1982, intensifying calls for interest-rate increases as soon as March. Shares rose in Hong Kong and fell in Japan. China was steady. U.S. futures…
January 13, 2022
Morning Outlook 13th January, 2022
NIFTY: NIFTY opened at 18170.40 with a gap up of 115 points. The index slightly moved lower for the first 20 minutes of trading and recorded its Intraday low at 18128.80. From there onwards, the index kept on moving higher for the whole day and recorded its intraday…
View on market: Stay Cautious, be with quality business: Asian stocks rose after a rebound in the U.S. equities after Federal Reserve Chair Jerome Powell reassured investors the central bank will contain price pressures. Shares in Japan, Australia and South Korea gained. U.S. futures were volatile after the…
January 12, 2022
Morning Outlook 12th January, 2022
NIFTY: NIFTY opened at 17997.75 without much of a gap. The index slightly moved lower in the first hour of trading and recorded its intraday low at 17964.40. Prices have found support there and bounced up. A rally broke early morning highs and brought the index to its…
January 11, 2022
Morning Outlook 11th January, 2022
NIFTY: NIFTY opened at 17913.30 with a gap up of 101 points. The index first moved down and recorded its intraday low at 17879.15, Prices found support there and went up. The index came close to a psychological level of 18000 and then took a pause. A sideways…
View on market: Stay Cautious, be with quality business: Asian stocks opened mostly lower Tuesday after the S&P 500 closed lower for the fifth consecutive session. Japan shares declined and Australian equities also fell while South Korea advanced. U.S. contracts were volatile after the S&P 500 posted its…
Sovereign Gold Bond 2021-22 Series IX will be open for subscription from Monday, january 10 2022 to Friday, january 14, 2022. In this regard, Product Note and Process flow for subscription and issuance of Sovereign Gold Bonds are as follows: Sovereign Gold Bond 2021-22 Series IX Wants To…
Devyani International is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B) major PepsiCo. The company is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee. Company DEVYANI Recommendation Accumulate (CMP) SL Rs.168 Target Price…
View on market: Stay Cautious, be with quality business: Stocks are starting the week weaker as investors brace for bond-market volatility and assess the economic hit from the rapidly spreading Covid omicron variant. Shares edged lower in Australia and South Korea. U.S. futures slipped after the S&P 500…
