Latest Stock Market News

SIS Ltd. key Products/Revenue Segments include Income from Investigation & Security Services, Other Operating Revenue, Electronic Security Systems and Other Services for the year ending 31-Mar-2021.

Bitcoin once again slipped below the $42,000 mark but Ethereum was able to hold $3,200 levels. The trading volumes remained light during early trade as the market witnessed a sharp churn due to the changing economic environment.

“It is going to be a year of big sector rotation and not a runaway move on the benchmark. So there will be periods when defensives will get relevant and among those, we prefer pharma and utilities to IT and consumer stocks.”

“Most people think that probably the time has come when these growth momentum stocks should see some kind of PE multiple contraction and therefore they should get out. We are not in that camp and we are still holding on to all our IT positions and in fact using these opportunities to add on to them.”

Jefferies said Tata Motors is in the early phase of a multi-year turnaround led by a confluence of improved strategy. JLR has seen improvement sequentially as chip shortages ease, it said. Indian truck and personal vehicle demand, too, is recovering.

“Overall, the numbers and the return ratios are the best in class. So ROAs are at about 4.3% to 4.6% and ROEs are in excess of 20%. There’s still room for further upside in Bajaj Finance. ”

The company said its revenue from operations rose 1.25 per cent to Rs 9,022 crore from Rs 8,910 crore in the same quarter a year ago.

The counter fell to a low of Rs 1,051.30 as against the previous close of Rs 1,133.45 on the BSE.

Gold saw its best session in three months on Wednesday as a retreat in the dollar and geopolitical tensions surrounding Ukraine lifted safe-haven appeal, sparking a rally in precious metals.

Larsen & Toubro Infotech Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 117347.58 Crore) operating in IT Software sector.