Wipro could report an EBIT margin contraction of 10bps QoQ, due to the impact of wage hikes (two months for 80% employees), partly offset by rupee depreciation.
Infosys’ EBIT margin is estimated to grow by 30 basis points to 23.9%.
For today expect a test of 18200 as global cues coupled with short covering see a positive start to the day.
Here is the important stock market news to watch out for today.
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
WABCO India will hold a meeting of the Board of Directors of the Company on 27 January 2022
Route Mobile will hold a meeting of the Board of Directors of the Company on 27 January 2022
Larsen Toubro has allotted 35605 equity shares under ESOS on 05 January 2022
Hubtown has cancelled the board meeting which was scheduled to be held on 5 January 2022
DHP India will hold a meeting of the Board of Directors of the Company on 9 February 2022
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