Important results today: Infosys, Tata Elxsi, Den Networks

Goa Carbon, International Travel House, JTL Infra, Kilburn Chemicals, Modern Steels and Reliance Industrial Infrastructure will announce their quarterly earnings on October 14.

Oct 14, 2020 10:10 IST India Infoline News Service

Quarterly results that are expected today include Infosys, Aditya Birla Money, Tata Elxsi, Tata Steel BSL, Titagarh Wagons, CHD Chemicals, Den Networks.

Goa Carbon, International Travel House, JTL Infra, Kilburn Chemicals, Modern Steels and Reliance Industrial Infrastructure will announce their quarterly earnings on October 14.

According to the media reports, Infosys is likely to report double-digit profit growth for the September quarter on account of strong deal wins and solid comeback from all verticals including BFSI, retail and communications.

The IT firm may report a 19.80% yoy and 13.70% qoq growth in adjusted net profit in the September quarter. The revenue may increase by 7.6% yoy and 2.9% on qoq basis, the media reports added.

Stock view:
Infosys Ltd is currently trading at Rs1,139.60, down by Rs18.4 or 1.59% from its previous closing of Rs1,158 on the BSE.

Goa Carbon Ltd is currently trading at Rs238.10, down by Rs3.45 or 1.43% from its previous closing of Rs241.55 on the BSE.

Tata Elxsi Ltd is currently trading at Rs1,447.70, down by Rs10.25 or 0.7% from its previous closing of Rs1,457.95 on the BSE.

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