Today, 38 companies announce their Q2 FY24 results, including Infosys, Wipro, Axis Bank, and Nestle India. Infosys is poised for healthy growth driven by mega-deals, whereas Wipro may see a revenue decline. Axis Bank is expected to boost net profit by 8% with rising NII, and Nestle India projects a 5-7% revenue uptick.
L&T Technology Services shares fall 3% after Q2 results. Should you buy or sell?
LTTS will be in the spotlight today after announcing a slight 2% rise in its consolidated net profit, which reached Rs 320 crore for the