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Ksolves India, a smallcap software development firm with a market cap of INR750cr, has declared a final dividend of INR8 ($0.11) per share for FY22-23, subject to shareholder approval. The development company reported revenues of INR23cr in 1QFY22-23 compared with INR14cr YoY, and a net profit of INR7.3cr. Elsewhere, mid-cap IT firm Persistent Systems has announced a final dividend of INR12 per share, along with a special dividend of INR10 per share for FY23, after achieving $1bn in annual revenue.

Hindustan Unilever is set to reveal Q4 2018 revenue growth led by price hikes with volume growth driven by mid single-digits in the skin cleansing sector. Despite an anticipated dip in margins due to a hike in ad-spend and a 30 bps royalty impact, Jefferies suggests the YoY margin decline will be around 60 bps versus 100-200 bps seen in the nine months ending December 2017. Gross margins are expected to rise quarter-on-quarter while the company could see continued strength in home care revenue growth due to increases in laundering prices.

Tata Steel Long Products (TSLP) has posted a standalone loss of Rs 184.11 crore during the fourth quarter of financial year 2022-23, on account of increased expenses. The company had reported a net profit of Rs 59.62 crore during the January-March period of fiscal year 2021-22, TSLP said in a regulatory filing on Tuesday.

Mehta, who brings with him a wealth of experience and expertise, will focus on five areas including -- ease of doing business reforms for the broking industry, especially in the areas of compliance, standardization of software, and leveraging technology to facilitate connectivity among stakeholders and members.

Mahindra Logistics, incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 2641.18 Crore) operating in Logistics sector.

Wipro has guided for a CC revenue growth in the range of -0.6% to 1% QoQ. In line with this, Jefferies estimates revenue growth of 0.5% QoQ cc in the fourth quarter. Meanwhile, Kotak Institutional Equities is seeing the figure at the lower end of the guidance -0.4%.

"Bitcoin is at $28,300. Its recent surge is due to technical buying and a short-term buy signal, while macro risk events could impact sentiment. Long-term indicators suggest a new bull market," said Sathvik Vishwanath, Co-Founder & CEO of Unocoin.

Bajaj Auto on Tuesday reported a 2% year-on-year (YoY) fall in net profit at Rs 1,433 crore for the quarter ended March.

Equity strategist Hemang Jani believes that India has a long runway of growth for food delivery, fintech, and other industries. Market exuberance for startup companies has returned as prices among these companies fell sharply and operational numbers have improved. Zomato and Paytm are two popular startup companies that are becoming more compelling for high-risk investors.

I do not think we are at such a situation right now so we actually have banks as one of the most preferred places for us in the market primarily because given the kind of nominal GDP growth that we have in India and the penetration levels so you will get decent credit growth.