HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
Textile company Sangam India Limited posted a net profit of Rs 17.2 crore with a total income of Rs 366.6 crore.
FMCG major Marico is hopeful of a recovery in its performance going forward. Its management feels that the volume growth has been the dampening factor in the company's performance in the quarter.