Top stocks in focus: Wipro, L&T Infotech, Cyient, Tata Steel Long Products, Tata Elxsi

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Jul 16, 2021 07:07 IST India Infoline News Service

Stocks In Focus
Wipro reported higher IT services revenue at Rs18,368.4cr in Q1FY22 against Rs16,334cr in Q4FY21, and expects Q2FY22 dollar revenue in the range of $2,535-2,583 million, a growth of 5-7% over Q1FY22.

L&T Infotech reported lower profit at Rs496.8cr in Q1FY22 against Rs545.7cr in Q4FY21; revenue rose to Rs3,462.5cr from Rs3,269.4cr qoq.

Cyient reported higher profit at Rs115cr in Q1FY22 against Rs103.1cr in Q4FY21; revenue fell to Rs1,058.2cr from Rs1,093.1cr qoq.

Tata Steel Long Products reported consolidated profit at Rs331.61cr in Q1FY22 against a loss of Rs131.31cr in Q1FY21. Revenue jumped to Rs1,687.64cr from Rs653.1cr yoy.

Tata Elxsi reported lower profit at Rs113.37cr in Q1FY22 against Rs115.16cr in Q4FY21. Revenue rose to Rs558.31cr from Rs518.39cr qoq.

Angel Broking reported higher consolidated profit at Rs121.36cr in Q1FY22 against Rs101.9cr in Q4FY21, and revenue rose to Rs462.66cr from Rs408.6cr qoq.

Results today: HDFC Asset Management Company, Den Networks, GNA Axles, Just Dial, L&T Finance Holdings, Maximaa Systems, Starlog Enterprises, and Visagar Polytex.

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