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“Revenue may indeed be in line, deal wins are strong and so the momentum will continue. But so long as the company cannot meet the EBIT margin guidance, there will be disappointment at the bottom line. Finally, Tech Mahindra stock has to be valued on the basis of the EPS growth.”

The negative candle had a minor upper and lower shadow. Technically, such a candle indicates a completion of recent uptrend and a beginning of short term downward correction from the high according to Nagaraj Shetti of HDFC Securities.

As of 30-Jun-2022, promoters held 48.76 per cent stake in the company, while FIIs held 20.71 per cent and domestic institutional investors had 9.82 per cent.

Central Bank of India Q1 Results: Total income during April-June period of 2022-23 increased slightly at Rs 6,357.48 crore, as against Rs 6,299.63 crore in the same quarter of 2021-22, Central Bank of India said in a regulatory filing.

“Over the last two-three months, I am much more bullish on the markets than what I was two-three months back. One of the reasons is that inflation is almost peaking out. In my view, unless and until we see something going very wrong again, the negative news is all priced in.”

Tech Mahindra Q1 Results: Managing Director & Chief Executive Officer CP Gurnani said, "We are starting this fiscal with a renewed commitment towards delivering consistent organic growth. We remain resilient and watchful given the dynamic global macro-economic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings."

“India has a massive deficit in infrastructure spending and that is going to last for many years. L&T is a beneficiary and it also has its Middle Eastern businesses and some exposure to hydrocarbons as well as defence. We continue to like L&T. The stock is a good way of playing the recovery in infrastructure spend within India as well as in the Middle East to a small extent.”

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According to the latest shareholding data, Dolly Khanna held 12,27,986 equity shares or a 1.16 per cent stake in the small finance bank as of June 30, 2022. Her stake in the lender is worth Rs 9.8 crore.Her name was missing from the list of top shareholders in the March quarter. All listed entities are obliged to reveal shareholder names only if the stake is at least one per cent.

Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 628870.99 Crore) operating in IT Software sector