Stocks in news: Jio Financial, Grasim, Bajaj Finance, Tata Power and more
Stocks to watch out for today: Jio Financial, Grasim Industries, Delta Corp, Bajaj Finance, Tata Power, KEC International and more
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Stocks to watch out for today: Jio Financial, Grasim Industries, Delta Corp, Bajaj Finance, Tata Power, KEC International and more
Three IT majors, Tata Consultancy Services (TCS), Infosys and HCL Technologies, have announced their earnings for the period ended September 30, 2023.
The company’s net profit was up 58 percent at Rs 47.8 crore versus Rs 30 crore quarter on quarter as well as year on year. The revenue was up 16.5 percent quarter on quarter at Rs 293.2 crore versus Rs 251.7, while it was up 30 percent year on year.
The company's revenue from operations also increased about 30 per cent to Rs 293 crore in the reporting quarter from Rs 226 crore a year ago, the company said.
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.