Results to be watched out for tomorrow

India Infoline News Service | Mumbai | January 11, 2017 16:48 IST

The stocks will remain in focus in Thursday’s session and heavy weights like TCS may drive the market sentiments.

Quarterly Results
IT majors; TCS, Cyient, power company, NHPC and personal products maker, Bajaj Corp are few major stocks that are expected to post their quarterly earnings data on January, 11.
 
TCS closed 0.33% up at 2323, Cyient closed 0.19% down at 488.9 levels, NHPC closed 0.18% up at Rs 27.4, RIIL closed at 404.55 levels with 0.9% gains while Bajaj Corp closed 0.18% up at 371.45 levels.
 
TCS: One of the largest IT companies engaged in IT services, digital and business solutions have posted flat revenue and 4.5% growth in net profits in the recent quarter ended September 2016.
 
Cyient: A provider of software-enabled engineering and geographic information system (GIS) services posted 9.3% and 31.5% qoq growth in its revenues and net profit, respectively for September quarter of 2016.
 
NHPC: A company engaged in hydroelectric power generation and provider of contracts, project management and consultancy works posted 9.4% and 81% growth in its top line and bottom line respectively during Q2 FY17.
 
Bajaj Corp: A manufacturer and trader of cosmetics, toiletries and other personal care products posted a de-growth of 3.7% in revenues but growth of 11.7% qoq in net profit for September 2016 quarter.

The stocks will remain in focus in Thursday’s session and heavy weights like TCS may drive the market sentiments.
 

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