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Can electric cars electrify muted IT firms in a dull year?

Automotive clients account for up to 35% of IT services manufacturing clients.India s top IT firms thus clearly draw meaningful revenue from carmakers around the world.With the advent of electric and tech-laden cars, IT s reliance on automotive revenue is now rising

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BCL Industries Q2 profit at Rs 20 crore

BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated ethanol plant.

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Q2 earnings surprises could lead to sharp stock moves

A lowering of IT sector guidance, a good show from BFSI, auto and oil marketing companies are anticipated events in the earnings season. But be prepared for surprises

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HCL Tech s PAT up 19% in Dec quarter

HCL Tech, along with its peers, reported a steep drop in attrition from 23.8% in Q2 to 21.7%, but higher than 19.8% seen in Q3FY22

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Nothing Much To Bridge Hcl Tech s Valuation Gap With Peers

HCL’s shares trade at 20x times its estimated FY23 earnings, a discount to TCS’ 31x and Infosys’ 26x times

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