The main benchmark index tends to start trading at the positive start behind strong performance by the Department of Infosys and TCS. At 8:10 a.m., SGX Nifty January futures quoted 18,353, showing the possibility of a gap of 100 points for NSE benchmarks. Meanwhile, here is a stock that focuses on trading on Thursday.

Watch Income: Aditya Birla Money, Cesc, Gautam Gems, GTPL Hathway, Mega Corporation, Mindtree, Palm Jewels, Rotographics India, Surana Solar and Metallies, are some companies to announce the results of the current quarter of December.

Three Departments of IT – Infosys, TCS and Wipro are likely to be in focus after the announcement of Q3 market post income on Wednesday. While two former beat expectations, Wipro was left behind. READ MORE

Infosys: Expectations of the main main analyst by reporting a strong QoQ 7.1 percent surge in net income to Rs 5,809 Crore, behind 7.6 percent QoQ rose total income to Rs 31,867 Crore. The company also raised the FY22 income guide to the range of 19.5 percent to 20 percent from the beginning of 16.5 percent to 17.5 percent.

TCS: India’s largest IT company reported 1.4 percent marginal growth on QOQ in Rs 9,769 Crore’s net profit, and a total growth of 4.3 percent against Rs 48,885 Crore for the quarter ended December 2021. The Corporate Board was also approved the repurchase plan Stocks worth RS 18,000 crore at Rs 4,500 per share.

WIPRO: This company lacked market expectations, because the net profit rose 1.3 percent with a QoQ base at Rs 2,969 Crore for the third quarter which ended December 2021. Total income grew by 3.3 percent at Rs 20,314 Crore. .

Vodafone’s idea: The decision of the telecommunications player to change government contributions to equity and the issue of shares worth 16,000 crore, indeed gave it a breathing room for four years again, but the company still has a disabling debt burden. In operational variables, the company lags behind two other big telcos.

Paytm: CEO of the company Vijay Shekhar Sharma said on Wednesday that the company’s stock market performance was in line with global colleagues due to macroeconomic factors. Stock on Wednesday has decreased by 50 percent of the price of the problem of Rs 2,150. According to analysts, the market has punished stocks for business models that are scattered, income income and unclear paths for profitability.

Easy Travel Planner (Easemytrip): The online travel platform board has approved the issuance of bonus shares in the ratio of 1: 1, from its free reserves made from profit.

MAHINDRA & MAHINDRA: The company informs BSE, that the ranking of the ranking agency rating has reaffirmed the rank of ‘Crisil AAA / stable / Crisil A1 +’ in bank facilities and debt instruments.

Dixon Technologies: The company has formed a joint venture with Rexxam to do the business of making print circuit boards for AC (PCBA) for the domestic and international markets. JV has received approval based on government pli schemes for white goods categories. The company will hold 40 percent shares in JV.

Rite: Leading transportation infrastructure consultation and engineering company have signed the MoU with IIT-ROCCEE to explore proper business opportunities in the infrastructure sector.

HG Infra Engineering: The company has told BSE, that it has canceled orders from the Public Works Department (PWD) from Rajasthan for various activities, for the company has bid for the cost of RS 448.11 Crore, but PWD offers a reward letter worth RS 331.11 Crore only.

HKG: The company’s board has agreed to a bonus problem in the ratio of 1: 2 i.e. One free stock for each shareholder holding two equity shares on the date of the recording. The Board also agreed to a proposal to shift the stock from the BSE SME platform to the BSE main board.

Wellness Rajnish: The company’s board has approved a proposal to shift stock from the BSE sme board to the BSE main board.