L&T Tech Q3 results: Net profit jumps 13% YoY to Rs 336 crore, revenue up 12%
In dollar terms, the revenue stood at $290.7 million in the October-December 2023 period, marking a growth of 11 percent on-year.
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In dollar terms, the revenue stood at $290.7 million in the October-December 2023 period, marking a growth of 11 percent on-year.
Following Fridays rally, Nifty has confirmed a move above the three-digit Gann number of 218(00) and a bullish ABC break on the point and figure (P&F) chart, implying the end of the recent consolidation phase.
Given the optimism at Dalal Street, in the coming week, the market may climb further higher to 22,000-22,100 levels on the Nifty 50, but intermittent consolidation can't be ruled out, with focus majorly on corporate earnings.
Biggest gainers on the Nifty included Infosys, ONGC, Tech Mahindra, LTIMindtree and TCS, while losers were Cipla, Apollo Hospitals, Power Grid Corporation, UltraTech Cement and Bajaj Finserv
Accenture's growth guidance for the February quarter is below the consensus estimate and also hints at continued cost optimisation in IT spending, which is likely to keep demand muted.