Tag: HCL

Weekly Capsule (Apr19 – Apr23)

News Announcement Impact Analysis ·        HCL Tech net profits fell by 65% yoy to Rs1,011 crore in the Mar-21 quarter ·        At an operating level, there was a sharp spike in employee benefit cost due to the special bonus paid ·        In addition, the tax costs were also higher due to the additional provisions made

Daily Market Update Apr 6

Previous Market Closed  Nifty Closed at 14637.80 down by 229.55 points Sensex Closed at 49159.32 down by 870.51 points It was a sort of Black Monday as market cap of Rs.216,000 crore evaporated with the Sensex losing 871 points in a single day. The Sensex was down nearly 1300 points at one time but recovered in late