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Market Updates Today Afternoon

Posted on February 2, 2024February 2, 2024 by Raj Gaurav Rai
Market Updates  Today Afternoon
Market Updates Today Afternoon

Positive Opening but Caution at Hogher Level

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Posted in Latest, MarketTagged #Financial Market, #Indian market, #RBI #Banking #MinimumBalance #PenaltyFree #FinancialFreedo, +50 points, ADANI

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KEC INTERNATIONAL; Co wins New Orders of Rs.1,025 CR The business has secured orders for T&D projects in India, Africa and Americas: • 765 kV GIS Substation in India, from Power Grid Corporation of India Limited (PGCIL) • 225 kV Composite project including Transmission line, Substations & Underground cabling in West Africa • Supply of towers, hardware and poles in Americas KEC INTERNATIONAL; Co wins New Orders of Rs.1,025 CR The business has secured orders for T&D projects in India, Africa and Americas: • 765 kV GIS Substation in India, from Power Grid Corporation of India Limited (PGCIL) • 225 kV Composite project including Transmission line, Substations & Underground cabling in West Africa • Supply of towers, hardware and poles in Americas

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KEC INTERNATIONAL; Co wins New Orders of Rs.1,025 CR The business has secured orders for T&D projects in India, Africa and Americas: • 765 kV […]

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Nifty 21737.60On the way up, Gap Area 21850 – 21970 will be the upside zone to watch out for On the way down, 20HMA at […]

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TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY (5.5% YoY in CC). Key Growth – Regional Markets (+50.4% YoY), Energy (+7% YoY), Manufacturing (+5.3% YoY), BFSI (+1.9% QoQ). Margins – EBIT margin down 60 bps QoQ to 24.1%, impacted by BSNL costs and talent investments. TCV Wins – $8.6B in Q1, with concerns about lower FY25 inflows without more mega deals. Outlook – Targeting 26% EBIT margin by Q4, driven by AI/GenAI expansion. Valuation – Trading at ~26x FY26 P/E, limited upside. #FinancialNews #Financial MarketTrends   https://earnfree.in/latest TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY (5.5% YoY in CC). Key Growth – Regional Markets (+50.4% YoY), Energy (+7% YoY), Manufacturing (+5.3% YoY), BFSI (+1.9% QoQ). Margins – EBIT margin down 60 bps QoQ to 24.1%, impacted by BSNL costs and talent investments. TCV Wins – $8.6B in Q1, with concerns about lower FY25 inflows without more mega deals. Outlook – Targeting 26% EBIT margin by Q4, driven by AI/GenAI expansion. Valuation – Trading at ~26x FY26 P/E, limited upside. #FinancialNews #Financial MarketTrends   https://ift.tt/ipLcwD7

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TCS: BSNL Weighs on Margins; Recovery by Q4 Expected Q2FY25 Revenue – $7,670 mn, up 2.2% QoQ & 6.4% YoY (5.5% YoY in CC). Key […]

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