Page 28 - Lt Technology Services News Today

Total revenue for the quarter grew to Rs 2,386.5 crore, marking a 5 per cent YoY growth, , L&T Technology Services Limited (LTTS), quarterly results, Q2 FY24

A long build-up was seen in 64 stocks including Apollo Tyres, Can Fin Homes, Exide Industries, MRF, and L&T Finance Holdings.

Indian shares look set to open lower on Monday as investors watch oil price movements and await more corporate earnings following a mixed batch of earnings updates from IT giants last week.

Based on the OI percentage, 64 stocks were on the short-covering list. These included Sun TV Network, Torrent Pharma, Balkrishna Industries, Bosch, and ABB India.

Major companies to announce Q2 results from October 16 to 21 include HDFC Bank, CEAT, Bajaj Finance, Wipro, Hindustan Unilever, Paytm, ICICI Bank, etc.

This week investors will be eyeing key data releases such as Q2 earnings of major banking and IT companies, India’s bank loan growth and deposit growth, wholesale inflation, and the latest forex reserves.

A short build-up was seen in 81 stocks, including Infosys, Syngene International, State Bank of India, Axis Bank, and Bajaj Auto.

Restaurants, pubs, and food delivery and quick commerce platforms expect record business with sales rising 25-35% over a usual weekend day while television brands are struggling to install TVs before the start of India vs Pakistan World Cup match after a spike in sales in the last one week, several industry executives said.

The transaction, which values the IPO-bound Tata Technologies at around $2 billion, is in line with Tata Motors’ deleveraging strategy.

Restaurants, pubs, and food delivery and quick commerce platforms expect record business with sales rising 25-35% over a usual weekend day while television brands are struggling to install TVs before the start of India vs Pakistan World Cup match after a spike in sales in the last one week, several industry executives said.