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Q4 Results FY2024 today: Around 50 listed companies post their earnings for the fourth quarter that ended on March 31, 2024. Adani Green Energy, Godrej Properties, Tata Technologies, Titan Company and Britannia Ind are among top 50 companies scheduled to post earnings.
The consolidated revenue from operations declined 7.2 per cent YoY to Rs 1,301 crore from Rs 1,402.40 crore YoY.
Tata Tech share price: Shares of Tata Technologies Ltd were trading 0.28 per cent higher at Rs 1,085.60 in Wednesday's trade. At this price, the stock has fallen 8.03 per cent on a year-to-date (YTD) basis. Moreover, it has dropped 22.46 per cent from its all-time high value of Rs 1,400, a level seen on November 30 last year (listing day).
Tata Tech Q4 results: Kotak Institutional Equities in its preview note expects Tata Technologies to report 19.5 per cent YoY drop in net profit at Rs 174.40 crore on 7.3 per cent drop in sales at Rs 1,300 crore.
Shares of Tata Technologies gained more than 4.2 per cent to Rs 1138.80 during the trading on Wednesday, commanding a total market capitalization of more than Rs 46,000 crore.