Operator: Good morning. Welcome to the Wendy s Company Preliminary Earnings Results Conference Call. All lines have been placed on mute to prevent any background noise.
Operator: Good day and thank you for standing by. Welcome to the Schnitzer Steel s First Quarter Fiscal 2023 Earnings Presentation. At this time, all participants are in a listen-only mode.
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Yogesh Mehta, Founder, Yield Maximisers, picks out this three favourite IT stocks: Tech Mahindra, Infosys and TCS, in that order. In this interview, he says
TCS is a strong contender as a portfolio stock if the price corrects to Rs 2,800-2,900. Edited excepts.
Do you believe that the undertone of the market continues to remain quite negative and it will take time to recoup losses? Or do you believe that we are likely to bounce back the way it was evidenced in trade today?
The threat from increasing number of new cases has created panic in India, especially wherein globally there is no panic at all. Domestically, there is no further negative news flows as far as RBI or economy or earnings are concerned. So all these are positive factors. Second wave is the only external negative factor which fearfully worked across the traders community, leading to the landslide fall.