Broker’s call: L&T Technologies (Overweight)

[ad_1] Target: ₹5,600CMP: ₹4,714.85L&T Technology Services (LTTS) is the second ER&D company after PSYS to do a growth margin tradeoff in order to drive MT to LT growth by making investments currently where demand has moved sideways in order to...

Broker’s call: MCX (Sell)

[ad_1] Target: ₹3,435 CMP: ₹4,161.25In Q4FY24, Multi Commodity Exchange of India (MCX) delivered revenue growth of 35.4 per cent on a y-o-y basis on the back of improving average daily turnover (ADT) of options contracts, which increased by 148.7 per...

At ₹7,969 crore, Infosys records flat net profit in Q4, guides modestly for FY25

[ad_1] Bengaluru-based IT major Infosys registered flat revenue growth in the fourth quarter, missing market expectations. Its guidance for FY25 too remained conservative, amid a continued downturn for the sector. Revenue from operations stood at ₹37,923 crore, flat on a quarter-on-quarter...

TCS Q4 FY24 results: Experts expect revenue growth to be in low single digits

[ad_1] Despite weakness in key international markets, IT major TCS is expected to report modest improvement in numbers in the March quarter of FY24, led by ramp up in large deal wins including the BSNL deal. Also read:Q4 earnings: TCS, Infosys,...

Godrej Agrovet: Why It Is a Good Investment for Those With a Medium-term Horizon

[ad_1] Even as Indian equities have delivered stellar returns post Covid, with several stocks seeing their price rise several fold over the last four years, there are still pockets of opportunity for investors eyeing a medium-term horizon. One such opportunity...

Adani Wilmar bets big on branded food, foresees major revenue boost

[ad_1] Adani Wilmar is betting big on its food and FMCG portfolio and expects it to contribute a higher share of its overall revenues. The company is also ramping its direct distribution across rural and urban regions. Angshu Mallick, MD...