This is against a net profit of Rs 49.15 crore in the year-ago period. The company's income from software development, support and BPO services increased nine percent to Rs 517.67 crore in the said period from Rs 476.89 crore in the July-September 2014 quarter, Polaris said in a statement.
Rajesh Agarwal, Director Research at Eastern Financiers is of the view that one may hold Intellect Design Arena.
Intellect Design Arena, the demerged BFSI focused product company from Polaris, lists at Rs 69.25 per share today
Here are top 10 stocks to focus on December 18 - ICICI bank, ONGC, Gati, Shoppers Stop, Future Retail, ITC, Polaris, PC Jeweller, Godrej Industries and Prism Cement.
Larsen & Toubro | NTPC | Tata Steel | JK Tyre | PNB | Jain Irrigation | Cipla | Winsom Diamond | Mindtree | Shree Renuka Sugars | Atlas Cycle | SKS Microfinance | Mahindra & Mahindra | ONGC | Sesa Sterlite | Tech Mahindra | Coal India and SpiceJet are stocks, which are in the news today.
According to Satish Gupta of astrostocktips, banking/financial sector will be getting astrological support and advises buying LIC Housing Finance, YES Bank, IDBI Bank, Repco Home Finance, GRUH Finance, State Bank of India, Dewan Housing Finance Corporation and City Union Bank on every dip.
According to Satish Gupta of astrostocktips, pharma sector will continue getting astrological support and advises buying Biocon, Lupin, Ipca Labs, Glenmark Pharma and TTK Healthcare on dips.
As a testimony to its new strategy, Jain says the company saw nine new order wins during the quarter. Jitin Goyal, CEO of Polaris too adds that the company expects medium-term EBITDA margin in 15-16 percent range.
CNBC-TV18's Research Team recommends some top stocks to watch in today's trade - Ashok Leyland, Axis Bank, L&T, Coal India, Jet Airways, GSPL, Polaris, Central Bank India, Bank of Maharashtra and Sun Pharma.
Sesa Sterlite | Bharti Airtel Coal India | Larsen and Toubro | Essar Oil | Jet Airways | Central Bank of India | Bharat Forge | Apollo Tyres | Motherson Sumi | Adani Ports | Adani Power | Financial Technologies and Crompton Greaves are stocks, which are in the news today.
The company, formerly called Polaris Financial Technology Ltd, had reported a net profit of Rs 59.81 crore for the July-September 2013 quarter, it said in a statement.
Auto sector will continue getting strong astrological support. Buy Ashok Leyland, M&M, Tata Motors, SMS ISUZU, TVS Motor, Maruti, Escorts, Force Motors, Eicher Motors etc on dips, says Satish Gupta of Astrostocktips.
Cairn India | Maruti Suzuki | Sesa Sterlite | Wipro | HDFC | Asian Paints | Kotak Mahindra Bank | Havells India | Gujarat Fluorochemicals | KPIT Technologies | SKF India | BASF India | DHFL | Zensar Technologies | GNFC | McLeod Russel | Larsen and Toubro | Sadbhav Engineering and TCS are stocks, which are in the news today.
The company had decided to demerge its product business into an independent entity and on Friday announced that the products company, Intellect Design Arena, will be listed in coming weeks.
Here are few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Hindalco, Viceroy Hotels, BHEL, Jindal Saw, United Bank of India. Cipla and Polaris.
The Chennai-based software company has fixed the record date as October 10, 2014 for the purpose of determining the list of shareholders who are entitled to receive the shares in Intellect Design Arena, the resulting company after the demerger.
Shashi Bhusan of Prabhudas Lilladher feels there is still more upside for Polaris on the back of improvement in demand coming from Banking, Financial services and Institutions (BFSI) segment.
Here are Top 10 stocks to focus on October 9 - Ashok Leyland, Zee Entertainment, Sun Pharma, Dr Reddy's, Hindustan Zinc, Hindalco, BHEL, Polaris, Maharashtra Seamless and 8k Miles Software.
BHEL | NTPC | Coal India | IFCI | Ahluwalia Contracts | Ramco System | Jindal Cotex | Polaris and DCB Bank are stocks, which are in the news today.
According to Satish Gupta of astrostocktips.in, Tech Mahindra, Wipro, Polaris Financial Technology, Infosys and Tata Consultancy Services will be getting astrological support.
According to Satish Gupta of astrostocktips.in, technology stocks like Infosys, Tata Consultancy Services, Polaris Financial Technology, Mindtree, Hexaware Technologies and Tech Mahindra will be getting astrological support.
Technology stocks like Infosys, Tata Consultancy Services, Tech Mahindra, Hexaware Technologies and Polaris Financial Technology will be getting astrological support, says Satish Gupta of astrostocktips.in.
Technology stocks like Wipro, Tech Mahindra, Tata Consultancy Services, Infosys, Polaris Financial Technology, Persistent Systems and HCL Technologies will get astrological support, says Satish Gupta of astrostocktips.in.
According to Satish Gupta of astrostocktips.in, auto stocks like Mahindra and Mahindra. Maruti Suzuki India, Tata Motors and TVS Motor Company will get astro support.
SBI | NHPC | ONGC | Power Finance Corporation | Rural Electrification Corporation | Coal India | IIFL Holdings | UCO Bank | GMR Infrastructure | Sesa Sterlite | Oberoi Realty | NTPC | IFCI | HDFC Bank | Financial Technologies | Jindal Saw | Adani Enterprises | Adani Ports | Polaris and Tata Elxsi are stocks, which are in the news today.