Fri, Feb 9, 2024 10:19 PM
RBI cancels registration certificate of three NBFCs
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Here are three buy calls for short term: 📌Ashok Leyland: Buy | LTP: Rs 193 | Stop-Loss: Rs 184 | Target: Rs 205 | Return: 6 percent 📌Godrej Industries: Buy | LTP: Rs 960.6 | Stop-Loss: Rs 894 | Target: Rs 1,100 | Return: 14.5 percent 📌Finolex Cables: Buy | LTP: Rs 1,053 | Stop-Loss: Rs 1,000 | Target: Rs 1,200 | Return: 14 percent
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Around 49 companies, including two Adani group companies, are set to announce their quarterly results for Q4FY24 today. Other notable companies' which are also due to release their earnings today include Coal India, Dabur India, Federal Bank, Digicontent, Blue Star, Ajanta Pharma, JBM Auto, Khemani Distributors, KPR Mills, Kretto Syscon, Ksolves India, Aptech among others.
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Nasdaq-listed information technology firm Cognizant Technology Solutions (CTS) posted a fall of 1.1 percent year-on-year (YoY) in revenue to $4.8 billion due to weak discretionary spending by clients. However, the topline was above the higher-end of its guidance range for the quarter, which was earlier forecast to decline to 2.7-1.2 percent.
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