Latest Updates Around The World
India’s defense rally may bring bouts of volatility, but investors should view any dip as an entry point – only if they are willing to stay invested for at least three to five years, says Sudip Bandyopadhyay, group chairman of Inditrade Capital. Speaking to ET Now, he highlighted that defense remains one of India’s strongest […]
Today, October 30, is the last trading day for investors to purchase shares of several companies, including Coforge and Laurus Labs, to qualify for their upcoming dividend payments. The ex-dividend date of these companies falls on October 31, meaning shareholders of record as of today are eligible to receive the announced interim dividends. Coforge has […]
The Indian market ended higher on Monday, with the Sensex and Nifty snapping a six-day winning streak as investors locked in their gains after benchmarks hovered around record highs. The pause followed a rally fueled by optimism about easing global trade tensions and expectations of a recovery in corporate profits. The S&P BSE Sensex fell […]
Shares of Coforge rose 4% on Monday morning following the mid-sized IT exporter’s stellar performance in the September quarter. The company reported strong sequential and year-on-year growth in sales and profits, accompanied by improved profitability. It also supported momentum in winning new deals. Against this backdrop, analysts have increased their 12-month price targets by an […]
Venkatesh Balasubramaniam of JM Financial shared a comprehensive view of the Indian equity markets and highlighted the challenges and opportunities in the current environment. He highlighted that markets are trading at high valuations, with aggregate indices trading at nearly 23 to 24 times forward one-year earnings – roughly one standard deviation above the average. While […]
Mid-market IT services company Coforge on Friday reported 86% year-on-year growth in its net profit for the quarter ended September at Rs 376 crore, compared to Rs 202 crore in the year-ago period. The profit after tax (PAT) was attributable to the owners of the company. The company’s operating revenue in the July-September quarter stood […]
