Page 35 - Lt Technology Services News Today

Benchmark indices hit fresh record highs in early deals on Wednesday as investors look at Q1FY24 results of India Inc.

BENGALURU (Reuters) - Indian shares are set to open little changed on Wednesday, amid improved global cues, with investors awaiting June-quarter earnings of top firms later this week.

Indian shares are turning in a mixed performance Wednesday morning, with investors looking for direction and largely making stock specific moves..

HDFC Securities recommended reduce rating on Larsen and Toubro Technology with a target price of Rs 3865 in its research report dated July 18, 2023.

Polycab India, Can Fin Homes, MCX India, Havells India and ITC were among the 90 stocks to see a long build-up based on the open interest percentage. An increase in open interest and price indicates a build-up of long positions

BENGALURU (Reuters) - Indian shares are set to open little changed on Tuesday, after hitting record highs for two sessions in a row, amid mixed global cues.

Nifty futures on the Nifty International Exchange traded 10 points, or 0.05 per cent, lower at 19,769.50, hinting at a flattish start for the domestic market on Tuesday.

Pti: L&T Technology Services Reports 15 Percent Growth in Q1FY24

L&T Tech Q1 results: The company's Q1 FY24 profit came at Rs 311.1 crore as against Rs 275.4 crore in the same period a year ago. Revenue from operations grew by 15 per cent to Rs 2,301.4 crore compared to Rs 2,006.2 crore in the corresponding period last year. In dollar terms, revenue stood at $280 million, a growth of 10 per cent (YoY) in constant currency.

A short build-up was seen in 82 stocks, including Coforge, Titan Company, M&M Financial Services, Mahanagar Gas and United Spirits. An increase in OI along with a price fall indicates a build-up of short positions