Page 3 - Result Analysis News Today

While the valuation is on the higher side of the historical range, the stock should do reasonably well, considering the earnings visibility and orders in hand

Strong product lineup and an expanding market share will drive growth

The company is benefiting from higher power demand and elevated price

According to analysts, early signs show that the weakness has bottomed out. In fact, one of them said IT services business will see a possible rebound soon, irrespective of whether the US cuts interest rates or not.

Comparatively, these four companies had reported a decline in workforce by 21,213 in the second quarter

Post todays gains analysts predict that TCS may head to all-time high levels of around Rs 4000. Infosys on other hand may challenge resistance of Rs 1660.

Business growth has picked up and profitability is likely to improve

There are multiple factors which should fuel the growth of this auto ancillary

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A planned increase in capex provides earnings visibility