The demand for housing continues to remain strong and business has reverted to normalcy in the months of June and July 2021
The scrip traded 7.46% higher at Rs 1211.90 at around 9.47 am (IST). On the other hand, the benchmark BSE Sensex was up 101 points, or 0.19% at 52,754
The operating profit of YES Bank also declined by 19.80% YoY to Rs 920 crore during the quarter under review
Brokerage houses are not overtly bullish, expect growth going forward to be aided by demand for digital foundation and cloud IMS
HDFC Life Insurance has set up an additional reserve of Rs 700 crore to service the claims intimations expected to be received.
Provision and contingencies for the quarter ended June 30 came at Rs 4830.80 crore as against Rs 3891.50 crore for the corresponding quarter last year
Infosys revised its revenue guidance for FY22 to 14%-16% and retained its margin guidance at 22%-24%.
In Q1 FY22, Mindtree reported the highest ever order book of half a billion US dollars, registering a growth of 34.2% QoQ
Mindtree is a global technology consulting and services company. It is now a Larsen & Toubro Group Company.
TCS's overall revenue stood at Rs 45,411 crore, up 18.5% as compared to the year-ago period and 3.9% higher than the March quarter