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Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
TCS shares react to Q1 results today; Motilal Oswal projects 15% upside
Motilal Oswal is working with 2.5% and 3.2% organic constant currency growth for TCS for financial year 2027 and 2028 respectively. And therefore, on these assumptions, it sees limited downside to the stock for now.
Stock Market Today: All You Need To Know Going Into Trade On July 10
Indian equity benchmarks recovered on Thursday.
TCS' next growth phase hinges on AI investments, not just deal momentum
Tata Consultancy Services reported flat dollar revenue and margin contraction in the June quarter. AI revenue shows growth but remains a small part of total earnings. The company paid significant dividends, impacting its ability to invest internally. Sustained order flow and stable attrition offer some long-term hope. TCS needs to balance investor returns with future technology investments.
Stock Market Today: All You Need To Know Going Into Trade On July 10 - NDTV Profit
Stock Market Today: All You Need To Know Going Into Trade On July 10NDTV Profit
Ksolves promoters declare no encumbrance on shares in FY26 - scanx.trade
Ksolves promoters declare no encumbrance on shares in FY26scanx.trade
Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
TCS flags no let-up in client caution after tepid Q1
The Mumbai-based company reported first-quarter consolidated revenue of $7.62 billion, up 0.04% sequentially and 2.7% on a yearly basis. Analysts had predicted even lower numbers—$7.52 billion by at least 34 analysts polled by Bloomberg.
TCS Says It's Still Hiring Freshers — But There's A Catch
TCS says fresher hiring continues, but AI-ready talent is now at the centre of recruitment.
Former Fed Chairman Ben Bernanke Joins Anthropic Oversight Trust
The appointment comes at a time of increased anxiety about the societal impact of AI.
Buy, Sell Or Hold: Tata Capital, Swiggy, Varun Beverages, Wipro And Ola Electric — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.