Target price for Wipro shares in 2025: Should you buy, hold, or sell? With IT Services sales and EBITDA above the Street projections, Wipro Ltd. produced better-than-expected December quarter results. According to analysts, Wipro’s margin reached a three-year high, and management met expectations for the second consecutive quarter. Despite being lackluster, the IT major’s deal wins…
Zomato’s stock drops more than 7% due to a slowdown in the food industry and a PAT decline After Zomato admitted to a slowdown in its meal delivery business and posted lower-than-expected December quarter results, the company’s shares fell more than 7% on Monday, closing the day at Rs 230.70 on the NSE. Zomato’s Stock…
Swiggy shares surpass GMP projections by selling at an 8% Swiggy’s stock debuts on the NSE at a 7.69% premium. This fiscal year, the company is the 50th to be listed on the NSE. Swiggy’s June quarter deficit was Rs 611.1 crore. Swiggy shares opened at Rs 420, a 7.69% premium over their IPO price…
With a strong Q2 performance, Patel Engineering’s shares are up 6%; PAT is up 95% and rev is up 15%. Shares of Patel Engineering surged 5.7% during trading, reaching an intraday high of Rs 51.9 on the BSE. Following the company’s positive Q2FY25 results, the stock was purchased. Patel Engineering’s stock was up 3.3% at…
L&T’s share price surges 6%, Should you buy or wait for correction Following the company’s release of a strong set of September quarter results on October 30, 2024, the price of L&T shares increased. L&T share price: On Thursday, October 31, 2024, shares of Larsen and Toubro (L&T), a significant player in the engineering and…
