Reliance Industries Limited (RIL), one of India's largest corporations, operates across various sectors including petrochemicals, refining, oil and gas exploration, telecommunications, and retail. Recently, the company's stock has experienced fluctuations, influenced by shifts in the global economy, oil and gas markets, and RIL's financial performance. With its extensive portfolio and significant presence in multiple industries, many investors are closely observing Reliance to assess its … [Read more...]
HCL Tech Q3 FY 2024 Results: HCL Technologies Declares Rs 12 Interim Dividend as Q3 FY24 Operating Margin Hits 19.8
HCL Technologies, India's third-largest IT services firm, has reported a strong performance in the third quarter of the fiscal year 2024, with a net profit of Rs 4,351 crore, marking a 6.23 percent year-on-year (YoY) growth. The sequential net profit also saw an impressive uptick of 13.51 percent, driven by a $50-million incremental revenue from the Verizon deal and additional income from Germany’s ASAP post-acquisition. Despite facing challenges such as higher-than-expected furloughs, … [Read more...]
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