TCS, Infosys to kick off Q3 score for IT. A snapshot of earnings calendar this week
December is a seasonally weak quarter for IT majors due to higher furloughs, and analysts anticipate a likely impact of postponed wage hikes on margins.
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December is a seasonally weak quarter for IT majors due to higher furloughs, and analysts anticipate a likely impact of postponed wage hikes on margins.
Come September and several SME IPOs flood the market. While a few are genuine, a number of them are there to manipulate the system and make a quick buck that’s not entirely legal
Sectorally, Nifty Auto index was the top gainer with Maruti Suzuki, Tata Motors, M&M, Bajaj Auto and Eicher Motors shares up to half a percent.
TCS share buyback: The IT major will consider the proposal of buyback of its shares along with its Q2 FY24 result on October 11, the company announced on Friday. So far, TCS has not disclosed the quantum of the buyback share proposal
The market will see in total seven companies listing on the bourses this week, as per the IPO schedule. In the mainboard segment, JSW Infrastructure and Vaibhav Jewellers will debut on the bourses on October 3.