“As is always the case, TCS will comfortably outpace global IT spending. TCS’ business is well sorted,” said Kotak Equities, who believes that the company is likely to gain in the vendor consolidation exercise.
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and
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