The company's stock has witnessed strong movements in the past one month, posting a jump of over 11 percent. In the past three days, the stock soared 12 percent.
Sandip Agarwal, Edelweiss Financial Services thinks the constant currency growth of 3.1 percent will put pressure on TCS's Q2 and it will be hard for them to grow at 10 percent organically for the fiscal.
Hindustan Construction Company's (HCC) third quarter profit slipped 28.4 percent year-on-year (YoY) to Rs 19.4 crore, hit by provision of Rs 45.50 crore for forseeable loss. It was also hit by lower revenue but operational performance supported bottomline.
Profit during the quarter shot up 57.9 percent to Rs 933 crore compared to year-ago period, driven by strong operational performance, other income and low base in Q2FY15 despite higher tax cost.
Gateway Terminals India facility at JNP sets an Indian ...
In a video report, CNBC-TV18's Nigel D'Souza provided his take on the numbers, as well the forthcoming offer for sale that is further expected to keep the stock under pressure.
The MoU projects growth of 15%-20% in the operational performance of the Corporation during the year 2015-16.
Though Sarda Energy‘s realisations have been 2-3 percent slower than earlier quarter for Q3 FY14, operational performance for Q3 has been extremely well and efficiency from all the fronts has reflected in the company‘s overall performance. GD Mundra, Director, Sarda Energy & Minerals spoke about the results & his outlook for the company.