Result Analysis: Ultratech Cement Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 12985 12017 12262 8.06% 5.90% Other Income 70.5 140 260 -49.69% -72.89% Total Income 13055.4 12156.9 12522.0 7.39% 4.26% Raw Material Consumed 1715.11 1731.36 1669.24…
IPO-Note AGS Transact Technologies Limited Rs-166-Rs175 per Equity share Recommendation: Avoid AGS Transact Technologies Limited IPO Company Profile: AGS Transact is a second largest ATM service providers and largest deployer of POS machine at petroleum outlets in India. They also have done international expansions in Sri Lanka, Cambodia,…
January 18, 2022
Morning Outlook 18th January, 2022
NIFTY: NIFTY opened at 18235.65 with a gap down of just 22 points. Prices have recorded its intraday low at 18228.75 in its in initial trades and then moved up. A rally fizzled out quickly and prices have seen almost an equal decline to come near its opening…
View on market: Stay Cautious, be with quality business: Most Asian stocks advanced as investors weighed the economic recovery from the pandemic. Shares climbed in Japan and Australia but wavered in South Korea. Nasdaq 100 and S&P 500 futures were broadly steady. U.S. markets will reopen later following…
Indian Market Outlook: The Key benchmark indices rose over 2 percent during the week gone by and extended their up move for the fourth week in a row. Nifty ended the week with 2.49 percent higher at 18256 points while the Sensex ended with 2.47 percent higher at…
Result Analysis: HCL Tech Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue From Operation 22331.00 20655.00 19302.00 8.11% 15.69% Other Income 255.00 240.00 189.00 6.25% 34.92% Total Income 22586.00 20895.00 19491.00 8.09% 15.88% Employee Expenses 11802.00 11017.00 9447.00 7.13% 24.93%…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed Monday as traders weighed policy easing by China’s central bank ahead of data expected to underline the slowdown in the nation’s economy. Shares rose in Japan and Australia but slipped in South Korea. S&P 500…
January 17, 2022
Morning Outlook 17th January, 2022
NIFTY: NIFTY opened at 18185 with a gap down of 72 points. The index slightly moved lower for the first 5 minutes of trading and recorded its intraday low at 18119.65. Prices then started a process of consolidation. Short-term support was visible around 18150and the index bounced up…
TCI Express Limited is an India-based company engaged in offering transport, storage, warehousing and support services for transportation. The Company is engaged in express distribution and offers a single window door-to-door solution to customers. It offers express solutions with over 3,000 pick-up and approximately 13,000 delivery locations with…
Result Analysis: Mindtree Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 2,750 2,586 2,024 6.33% 35.89% Other Income 71 75 61.6 -5.35% 14.94% Total Income 2,821 2,661 2,085 6.01% 35.27% Employee Benefit Expenses 1,646 1,564 1,261 5.20% 30.52%…