Daily Archives: April 13, 2018

Tata Motors a good buy at inr 358/ The company is manufacturing trucks and cars. The Indica car is a success in the taxi segment and the Jaguar car, which was a loss making car of UK, is doing well and in profits since Tata took over. Jaguar is in the business of making electric cars, they will continue to make fuel cars of petrol and diesel also. With a wide variety of design and a steel available in house from Tata Steel the car has to do well. One can buy this share but appreciation will take time, because car market is competitive and Tata is yet to make a dent in cars.

Infosys Q4 profit falls 28% QoQ; company puts Skava, Panaya on sale The company forecast its annual constant currency revenue for FY19 to grow by 6-8 percent. Moneycontrol News@moneycontrolcom Infosys Watchlist Portfolio Message Set Alert NSELIVE 13 Apr, 2018 15:59 1,171.45 8.85 (0.76%) Volume 10613519 Todays L/H 1,150.251,185.90 More  Infosys, India’s second largest information technology company, on Friday reported a 28 percent sequential fall in net profit to Rs 3,690 crore in the Q4FY18, in line with analysts’ expectations. Infosys expects its full year constant currency revenue guidance at 6-8 percent and dollar revenue at 7-9 percent, which is in line with estimates. However, it revised the EBIT margin guidance downwards to 22-24 percent from 23-25 percent. This will include the impact from revised compensation for FY19 . The sequential drop in fourth quarter profit was also because Q3 FY18 included positive impact of USD 225 million on account of conclusion of an APA with the US IRS. RELATED NEWS Infosys announces acquisition of US firm […]

Sensex Clocks Longest Winning Streak Since November Market heavyweights RIL, Infosys and TCS led the gainers. Market | NDTV Profit Team | Updated: April 13, 2018 16:07 IST    by Taboola  Sponsored Links  Sponsored You Won’t Believe How Much These 40 Richest Actors Earn (Funotic.com) Amazing Cruises at a Big Discount (Top-Cruise-Deals)  SHARE EMAIL PRINT COMMENTS Excluding banks, expectations for March-quarter results are positive: Analysts The BSE Sensex rose for a seventh straight session on Friday, marking its longest winning streak since November 2017, on the back of gains in index heavyweights such as Reliance Industries. IT major Tata Consultancy Services (TCS) and Infosys also advanced today. Sentiment was also upbeat after retail inflation eased to a five-month low in March, but remained above […]