Indian technology companies exceeded their Q2 earnings forecasts, but their future guidance remained cautious. While some brokerages observed a potential bottoming out of pessimism, clear signs of increased spending in developed countries are still pending. Stocks like Infosys, TCS, and HCL Tech are among the top picks for many brokerages.
HUL gives in-principle nod to demerger of ice-cream business into separate listed entity
Hindustan Unilever’s board has granted preliminary approval to spin off its ice cream business into a separate publicly listed company. Shareholders will receive stock in
November 25, 2024