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Analysts of IIFL Securities perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.

  • 29 September, 2023
  • 12:36 PM
  • less than a minute
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Accenture reported a 3% sequential decline in deal-bookings in Q4FY23 compared to earlier flat growth expectations, impacting the broader IT sector

  • 29 September, 2023
  • 12:26 PM
  • less than a minute
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Analysts of IIFL Securities believe ACN’s Q4 results and soft FY24 organic growth outlook of 0-3% CC YoY, combined with the sharp decline in Managed Services bookings highlight the lack of tailwinds in the near-term demand environment.

  • 29 September, 2023
  • 11:05 AM
  • less than a minute
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Moreover, analysts of IIFL Securities expect HUL volume growth to improve to ~7-8% vs ~3-4% currently in the next two quarters, which will spur the stock price.

  • 28 September, 2023
  • 10:38 AM
  • less than a minute
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A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

  • 27 September, 2023
  • 2:36 PM
  • less than a minute
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Aditya Birla Capital received shares on a rights basis on Tuesday, according to the business.

  • 27 September, 2023
  • 12:00 PM
  • less than a minute
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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

  • 26 September, 2023
  • 12:41 PM
  • less than a minute
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Margins should trend down, given the focus on growth and diversification into other states and sectors. Healthy balance sheet is a key positive.

  • 26 September, 2023
  • 11:53 AM
  • less than a minute
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Excluding deal-related amortization expenses, the Biogen Biosimilars deal could add 24% and 29% to Dr. Reddy’s FY24 revenue and profits on a pro-forma basis.

  • 26 September, 2023
  • 11:10 AM
  • less than a minute
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With USD 635 billion in assets under custody and administration, SBG runs the largest custody network in sub-Saharan Africa, leading the growth of the continent's capital markets.

  • 25 September, 2023
  • 1:30 PM
  • less than a minute