Q3 Earnings India Results: This comes after banking and IT shares tanked on Indian equity markets at the backdrop of Tech Mahindra, which saw consolidated profits decline by 61 per cent to Rs 510.4 crores.
NCC shares in focus: In the last session, the stock hit a fresh 52-week high of Rs 108.5 on BSE. The stock of the Hyderabad-based construction company closed at Rs 107.05 against the previous close of Rs 106.30 on BSE.
Analysts had largely expected the company to report a profit of ₹133 crore for the quarter. Ebitda margin came in at 0.4%, sharply below analysts’ expectations of 6%.