Tata Motors, ICICI Bank, Infosys, Tech M, HDFC Bank, IndusInd Bank, and Bajaj Finserv were the large-caps that lifted the frontline indices in early deals, even as Axis Bank, Bharti Airtel, HUL, Nestle India, and Sun Pharma tried to limit gains.
Individually, Zensar Technologies surged 5 per cent after the company posted net profit of Rs. 76.5 crores for the period ended December 31, 2022 as against net profit of Rs. 56.8 crores for the period ended September 30, 2022. The company’s revenue, however dipped marginally to Rs 1,223.5 crore.
Those of Tata Communications, on the flipside, declined over 3 per cent as the company’s net slipped 7.3 per cent to Rs 208.95 crore in Q3FY23 from Rs 225.51 crore in Q3FY22. Total income, however, was up 12.5 per cent YoY at Rs 1,918.86 crore.
Among sectoral indices, the Nifty IT and PSU Bank indices (up 0.5 per cent each) were the star performers, followed by Nifty Bank index (up 0.4 per cent). On the downside, the Nifty Realty index fell 0.2 per cent.
Q3 earnings today
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