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ICICIdirect, [23-07-2024 09:34] Key Stock Updates
🔸TCS informed the exchange that, it has expanded its partnership with Rolls-Royce to advance its sustainable initiatives. This collaboration involves research into hydrogen fuel systems technology, continuing to prove that hydrogen is a net zero carbon aviation fuel.
🔸Federal Bank has informed approval received from RBI for appointment of Mr. Krishnan Venkat Subramanian, as MD & CEO of the bank effective from 23 September 2024 for a period of 3 years.
🔸Zensar Technologies reported strong Q1FY25 revenue numbers of US$ 154.4 mn, up 4.3% QoQ/3.4% YoY (in CC terms up 4.3% QoQ/3.3% YoY) while in rupee terms it reported revenue of ₹1,288.1 crore, up 4.7% QoQ/5% YoY.
ICICIdirect, [23-07-2024 09:35] 🔸Coforge in Q1FY25 reported revenue of US$ 291.4 mn, up 1.6% QoQ & 7.2% YoY (in CC terms up 1.6% QoQ/7.8% YoY) while in rupee terms it reported a revenue of ₹2,400.8 crore, up 1.8% QoQ & 8.1% YoY.
🔸Suzlon energy reported solid set of Q1FY25 results. Revenues came in at Rs 2021 crore vs. Rs 1348 crore, up 50% YoY.
🔸Nokia has achieved a top download speed of 1.2 gigabit per second for 5G services several times during trials it concluded recently. The download speed was achieved during the first 5G non-standalone (NSA) Cloud radio access network (RAN) trial with Bharti Airtel (Airtel) in India.
