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IT sector growth momentum set to continue in Q2FY22
Continued strong sequential growth momentum and expectation of qualitative commentary on growth beyond FY22 should help sustain the rally in IT stocks
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RIL, Hero MotoCorp, Nestle India, Tech Mahindra in focus
Here is the list of other top stocks that could be in focus on October 4.
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IT stocks rally after Accenture posts strong Q4 results
Shares of 10 IT companies rose by 0.48% to 6.55% after IT services and consulting major Accenture on Thursday reported strong fourth quarter earnings.
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Trading ideas: Stock recommendations for September 16
Sneha Seth of Angel Broking is positive on Rallis with a target price of Rs 310
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Trading ideas: Stock recommendations for August 16, Monday
Mudit Goyal of SMC Global Securities is positive on Tech Mahindra with target price of Rs 1,410.
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Sensex, Nifty end with marginal losses; metal, financial stocks drag
The 30-share BSE Sensex closed 66.23 points or 0.13% at 52,586.84, while Nifty ended the week at 15,763.05, down 15.40 points or 0.10%
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What should you do with Tech Mahindra stock post Q1 results? Here’s what brokerages say
Most brokerages revised their earnings estimate upwards as Tech Mahindra delivered on all fronts be it margin, capital allocation, deals & revenue
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See 5-6% more upside in TVS Motor: Milan Vaishnav
Markets have started on a resilient note however, markets have been sideways for the last eight weeks
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Tech Mahindra rallies over 7% post Q1 results
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
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Tech Mahindra Q1 profit up 39% to Rs 1,353.2 crore
Revenue stood at Rs 10,197.6 crore in the quarter under review, up 12% from Rs 9,106.3 crore in the year-ago period
