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Shares of Dr Reddy's Laboratories declined 2.11% to Rs 1,303 on Friday, following cautious commentary from Goldman Sachs and Citigroup. Goldman Sachs downgraded the stock to “Sell” and cut its target price to Rs 1,075…
Infosys reported a net profit of Rs 8,501 crore for Q4 FY26, marking a 28% increase quarter-on-quarter. Revenue for the quarter reached Rs 46,402 crore, up 2% sequentially. Earnings before interest and tax (EBIT) rose…
Infosys' US-listed ADRs fell nearly 6% in pre-market trading on Thursday, despite reporting a strong profit rise in its March-quarter earnings. The Bengaluru-based company announced a 21% year-on-year increase in consolidated net profit to Rs…
Mumbai: Wipro led the losers on the Nifty on Friday, coming under selling pressure after its March-quarter earnings missed expectations, with even a ₹15,000 crore buyback failing to lift sentiment. Brokerages said that the effective…
Wipro's March quarter earnings prompted a negative response from Jefferies, which described the performance as weak and the guidance as lacklustre. The company's US-listed ADRs fell nearly 3% following the results. Wipro's fourth-quarter revenue growth…
