I.T Stocks Outlook For The Week - 28.05.2018 To 01.06.2018
Stocks of information technology companies are expected to move in a narrow range next week, while taking cues from the broader market. Tech Mahindra Ltd's Jan-Mar earnings that were announced yesterday would also lend cues to investors. Tech Mahindra was the last large-cap IT company to announce its earnings for the March quarter and it was released post market hours. The company posted a 29.6% on-quarter rise in its consolidated net profit for Jan-Mar and its revenue from operations were up 3.6%. Movement of rupee against the US dollar will also be closely looked out for as Indian IT companies export large chunk of their services, and a depreciation in the Indian currency would aid their margins.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Stocks of information technology companies are expected to move in a narrow range next week, while taking cues from the broader market. Tech Mahindra Ltd's Jan-Mar earnings that were announced yesterday would also lend cues to investors. Tech Mahindra was the last large-cap IT company to announce its earnings for the March quarter and it was released post market hours. The company posted a 29.6% on-quarter rise in its consolidated net profit for Jan-Mar and its revenue from operations were up 3.6%. Movement of rupee against the US dollar will also be closely looked out for as Indian IT companies export large chunk of their services, and a depreciation in the Indian currency would aid their margins.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
