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HCL Tech Sheds Over 1% On Decline In March Quarter Profits HCL Technologies Share Price: HCL Technologies reported a 72 per cent decline in profit at Rs 1,102 crore in the March quarter from Rs 3,969 crore in the October-December quarter
Updated: April 26, 2021 10:24 am IST
At 10:15 am, HCL Tech shares were trading lower by 2.4 per cent at Rs 932.55 on the BSE
HCL Technologies shares declined more than 2 per cent in a strong market as the IT firm reported a 72 per cent decline in profit in the January-March quarter of the financial year 2020-21. HCL Technologies profit declined to Rs 1,102 crore in the March quarter from Rs 3,969 crore in the October-December quarter on the back of higher tax expense during the fourth quarter. At 10:15 am, the shares of HCL Tech were the the top losers on the BSE, trading lower by 2.4 per cent at Rs 932.55.
HDFC Bank Sheds Over 2% Post March Quarter Results HDFC Bank Share Price: HDFC Bank reported net profit of Rs 8,186.51 crore in the March quarter, on Saturday, marking an increase of 18.2 per cent from Rs 6,927.69 crore during the same period last year
Updated: April 19, 2021 11:22 am IST
HDFC Bank Shares: At 11:06 am, the shares were trading lower by 2.36 per cent on BSE
HDFC Bank shares have shaved off more than 2 per cent in a weak market after the country s largest private lender reported net profit of Rs 8,186.51 crore in the March quarter, on Saturday, marking an increase of 18.2 per cent from Rs 6,927.69 crore during the same period last year. At 11:06 am, the shares of HDFC Bank were trading at Rs 1,349.50, lower by 2.36 per cent on the BSE.
Sensex Halts 10-Day Winning Run, Sheds Over 250 Points Sensex Halts 10-Day Winning Run, Sheds Over 250 Points The benchmark indices ended in the negative on Wednesday, bringing the 10-day rally to a halt, due the onset of weakness in Reliance Industries and ITC in the late afternoon
Reliance Industries, ITC and IT stocks led the decline in the markets, post a 10-day run.
The benchmark indices ended in the negative territory on Wednesday, bringing the 10-day rally to a halt, a day after the World Bank said India s economy is estimated to contract 9.6 per cent in the current financial year. The 30-scrip index had jumped 178.87 points, or 0.37 per cent, to touch 48,616.66 in the first few minutes of trade, and the broader NSE Nifty 50 benchmark added 44.65 points (0.31 per cent) to 14,244.15 - both all-time highs.