Fri, Jul 9, 2021 1:26 PM
📈 Rakesh Jhunjhunwala increases stake in Edelweiss in quarter ended June
A Flip by Flipitnews
Several brokerage firms reduced their target price for Infosys stock after the IT major lowered its revenue forecast for FY25, citing unclear prospects for discretionary spending and reported weaker-than-expected Q4 earnings. Infosys slashed its revenue guidance for FY25 to 1-3% from 4-7% a year ago. It has revised its annual revenue growth guidance five times in the previous five quarters.
Open Flip
Angel One declared their Q4 FY24 results on 17 Apr, 2024. The topline increased by 51.69% & the profit increased by 27.36% YoY. The Selling, general & administrative expenses rose by 12.11% q-o-q & increased by 110.38% Y-o-Y. The operating income was up by 33.85% q-o-q & increased by 15.26% Y-o-Y. The EPS is ₹40.03 for Q4 FY24 which increased by 26.47% Y-o-Y.
Open Flip
The subscription for Vodafone Idea's Rs 18,000 crore follow-on public offer (FPO) reached nearly halfway by the end of the second day, with bids received for 49% of the shares on offer. The portion designated for qualified institutional buyers (QIBs) and non-institutional investors continued to attract strong interest, while bids from retail investors remained subdued.
Open Flip
