Oct 22, 2014 at 18:20 | Source: CNBC-TV18
In an interview to CNBC-TV18, Ravi Menon, AVP - IT, Centrum Broking, Vibhor Singhal, IT Analyst, Phillip Capital and Sarabjit Kaur Nangra, VP - Research Pharma, Angel Broking spoke about Wipros financial performance in the quarter gone by and the road ahead.
Oct 22, 2014 at 16:19 | Source: CNBC-TV18
In an interview to CNBC-TV18, Seshagiri Rao, joint MD & Group CFO of JSW Steel, discusses the companys earnings and its future plans.
Oct 22, 2014 at 08:28 | Source: CNBC
Investors have been increasingly willing to dip into stocks with no new negative developments in Ebola, a steadying of oil prices, and the sense that the Federal Reserve will not move to raise rates quickly even as it ends bond buying.
Oct 22, 2014 at 08:05 | Source: Reuters
The S&P 500 and Dow Jones were up more than 1 percent while the Nasdaq rose more than 2 percent, thanks to better-than-expected results from several major tech companies.
Oct 21, 2014 at 16:50 | Source: Moneycontrol.com
Software services exporter Wipro climbed 3 percent ahead of earnings. CNBC-TV18 poll expects dollar revenue to jump 2.45 percent sequentially to USD 1783 million in September quarter.
Oct 21, 2014 at 14:58 | Source: CNBC-TV18
India's second largest private sector lender HDFC Bank met street expectations with the second quarter net profit rising 20.1 percent to Rs 2,380 crore compared to Rs 1,982 crore in same quarter last year supported by higher other income and net interest income by impacted by higher provisions.
Oct 21, 2014 at 13:25 | Source: Moneycontrol.com
Net interest income, the difference between interest earned and interest expended, grew by 23.1 percent to Rs 5,511 crore in the quarter ended September 2014 from Rs 4,476.5 crore in the year-ago period.
Oct 21, 2014 at 13:17 | Source: Moneycontrol.com
Both PNB and HDFC Bank are in focus after it announced July-September quarter earnings. PNB is down around 1 percent as its asset quality worsened in the quarter. HDFC reported net interest margin at 4.5 percent with net profit at Rs 2380 crore. The stock is up 1 percent.
Oct 21, 2014 at 12:28 | Source: CNBC-TV18
Discussing the earnings details, Manu Parpia, Managing Director & CEO, Geometric, said one vertical got impacted due to a delay in contracts, however he expects the second half of the financial year to be better than H1.
Oct 21, 2014 at 11:56 | Source: Moneycontrol.com
The brokerage also cut its target price on the stock to Rs 164 from Rs 183, led by 7 percent and 12 percent cut in FY15e and FY16e earnings per share (EPS).