Foreign investors’ exposure to banking, financial services and insurance (BFSI) stocks reached a 26-month high of 34.2% in April, while local fund houses raised their exposure to non-banking financial companies (NBFCs) to a 38-month high of 8.3%.
Tech firm Newgen Software Technologies on Monday posted a 30.8 per cent year-on-year increase in consolidated net profit to Rs 89 crore for the December
Wipro’s CFO Aparna Iyer announced that the wage hike implemented in September has been fully absorbed, contributing to a Q3 operating margin of 17.5%. The
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