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Comparing Q1 results 2024 of TCS and HCL, Sugandha Sachdeva, Founder of SS WealthStreet, said, “India’s largest IT company, TCS, has reported upbeat June quarterly results exceeding market estimates on the back of healthy execution and mega and large deals ramp up. The results are reflective of all-round execution on both margin improvement and revenue growth. The company reported net profit growth of 9% year-on-year (YoY) to ₹12,040 crore, while revenue from operations surged by 5.4% YoY, aided by growth across most verticals. The company has also declared an interim dividend of ₹10 per share. The company constantly pursues innovation and strengthens client relationships, and the deal pipeline remains strong amid growing traction in Gen AI projects. The Q1 results indicate demand recovery and an improving growth trajectory.”

https://www.zeebiz.com/markets/stocks/news-hal-share-price-target-analysts-suggest-buying-this-defence-stock-for-long-term-hindustan-aeronautics-stock-price-nse-bse-290136 HAL is yet to announce its financial results for the fourth quarter of fiscal 2024. However, as...

https://economictimes.indiatimes.com/markets/forex/rupee-ends-marginally-lower-tracking-weak-asian-currencies-us-cpi-awaited/articleshow/110083865.cms The Indian rupee closed marginally lower after a range-bound trading session on Monday, tracking a decline in most...

Sugandha Sachdeva, Founder of SS WealthStreet, a Delhi-based research firm, advised investors to exercise patience and wait for corrections in good quality stocks, as they present a favorable risk-reward ratio for medium-term investors.Sachdeva emphasized the positive underlying fundamentals and macroeconomic indicators for India, suggesting that investors stand to benefit from equities in the long run, even as we anticipate a healthy correction in domestic equities post-elections. She favors real estate, metal and IT stocks from a medium to long-term perspective.

https://www.livemint.com/market/stock-market-news/tata-power-vs-adani-power-which-one-is-a-better-multibagger-stock-to-buy-on-monday-explained-11712977978232.html Multibagger stocks to buy: Shares of Tata Power and Adani Power are one of the multibagger stocks that...

Gold price outlook 2024: As we welcome the dawn of 2024, the outlook for gold appears promising, poised to be shaped by a complex interplay of several variables. One pivotal determinant of gold prices in the coming year will be the monetary policies enacted by major...

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In the year 2023, the Indian rupee displayed resilience compared to the previous year when its performance was at a nine-year low. The rupee opened at 82.66 against the US dollar on the first trading day of 2023. On December 27, it at 83.35 versus the greenback, a...

Despite dominating other assets throughout the year, gold return in year-to-date (YTD) time missed to beat stock market return in 2023. Thanks to recent Santa rally ahead of Christmas, which enabled Nifty 50 index to register 8.50 per cent rise in last one month,...