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2023-04-13 17:23:51

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2023-04-13 05:33:01 TCS’s Q4 performance: 10 things investors need to know

India’s largest software services exporter, Tata Consultancy Services (TCS), announced its Q4 and FY23 results, which showed a YoY rise in revenue and profits but it’s a miss on Experts’ estimations.

With attrition rates declining substantially, operational costs optimized, and the order book remaining robust, it remains to be seen how FY24 will unfold.

TCS (Tata Consultancy Services):

-TCS is a leading global IT services, consulting, and business solutions organization based in India.

-It was founded in 1968 and is a part of the Tata Group, one of India’s largest conglomerates.

-TCS operates in over 46 countries and has a diverse portfolio of services ranging from application development to cybersecurity to cloud solutions.

-It is known for its strong commitment to innovation and has been recognized as one of the world’s most ethical companies by Ethisphere for the past ten consecutive years.

Clients Base

-The company serves some of the biggest conglomerates in the world like
-Google, Amazon, Azure, OpenStack, Adobe, Intel, Bosch, IBM, Apple, Oracle, Symantec, etc.

-Around 10 cr USD is paid by 50 clients
-Around 5 cr USD is paid by 100 clients

Operating and net margins:

-The IT major’s operating margin stood at 24.5%, and its
-The net margin was at 19.3%.


Total Contract Value(TCV) and
order book:

-TCS’s Q4 TCV came in at $10 billion with an all-time high number of large deals,
-Taking the FY23 order book TCV at $34.1 billion.

-TCS CEO and MD Rajesh Gopinathan commented that the strength of the order book demonstrates the resilience of demand for the company’s services and gives visibility for growth in the medium term.

Vertical growth:

Retail and CPG +13%
Life Sciences and Healthcare +12.3%
Technology & Services + 9.2%,
BFSI + 9.1%,
Manufacturing + 9.1%
Communications & Media + 5.3%.

Other verticals grew in the single digits.

Geographical growth:

UK +17%.
North America +9.6%,
Europe +8.4%.

Transition year:

TCS stated that FY23 was a year of transition, as supply-side challenges abated while pandemic-depressed …..

Read full article :

https://aceink.com/tcss-q4-performance-10-things-investors-need-to-know/ ओपन / कमेंट

2023-04-13 05:32:01 Join The Learning Community by opening a DEMAT Account with below link

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2023-04-13 05:31:01 Top 10 stocks to watch today

Tata Consultancy Services: Tata Consultancy Services (TCS) posted healthy growth in Q4 of FY23, however, it broadly missed the street's expectations for the quarter. In Q4FY23, TCS posted 14.8% YoY and 5.03% QoQ growth in consolidated net profit to ₹11,392 crore. Revenue from operations stood at ₹59,162 crore up by 16.94% YoY and 1.6% QoQ.

Reliance Industries: Reliance Industries Ltd (RIL) has started the process to set up an infrastructure investment trust (InvIT), under which the group can monetise the backend warehousing and logistics assets of its retail business, said industry sources. Reliance Retail, the company which operates the retail business of the billionaire Mukesh Ambani-led Reliance Industries.

HDFC Ltd: HDFC Ltd on Wednesday said that the market regulator Sebi has cleared a proposal for change in control of HDFC Capital Advisors Limited (HCAL). Sebi vide its letter dated April 10, 2023, to HCAL, a subsidiary of HDFC Limited and a co-investment portfolio manager, has granted its approval for the proposed change in control of HCAL, subject to certain conditions mentioned in the said letter, HDFC said in a regulatory filing.

NTPC: In a bid to raise ₹3,000 crore for funding capital expenditure and loan refinancing, state-owned NTPC announced issuing non-convertible debentures on a private placement basis on Wednesday. The power giant will issue unsecured debentures through a private placement at the rate of 7.35% p.a. for a tenor of 3 years, on April 17. These debentures will mature on April 17, 2026.

Britannia Industries: For a dividend payout of 7200% for FY 2022‐23, Britannia Industries stock is going to turn ex-dividend today. This dividend payout by Britannia Industries is the highest in the last 2 years since 2021. it operates in more than 80 countries and has significant operations in the dairy, bakery, and related snacking divisions.

Adani Transmission: Adani Electricity Mumbai Ltd, the power generation subsidiary of Adani Transmission Ltd said on Wednesday, that it has fully funded its capital expansion plan of ₹1,310 crore for FY23 via internal accruals, without incurring any debt. In an exchange filing, the company said as of 31 March, its working capital loan was brought down to ₹500 crore from ₹1,045 crore in December 2022.

AU Small Finance Bank: The Reserve Bank of India (RBI) on Wednesday approved the reappointment of Sanjay Agarwal as Managing Director & CEO and Uttam Tibrewal as Whole Time Director of AU Small Finance Bank (SFB). The Bank will host a conference call with analysts and investors on Tuesday,

Torrent Power: Torrent Power on Wednesday said it has bagged a contract to supply 920 MW of gas-based electricity from its DGEN and SUGEN plants under a tender of NTPC Vidyut Vyapar Nigam Ltd (NVVN). The Ministry of Power had designated NVVN as the nodal agency for procurement of up to 4,000 MW power from gas-based plants during identified crunch period.

Anand Rathi Wealth: Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Wednesday reported a 23 per cent jump in its profit after tax at ₹42.7 crore during the three months ended March 2023. In comparison, the company had posted a PAT (profit after tax) of ₹34.6 crore during the same quarter of the preceding fiscal. ओपन / कमेंट

2023-04-13 05:30:26 FII and DII buy and sell : As per data available on the NSE 12 APR 2023

Foreign Institutional Investors (FIIs) : Bought stocks worth Rs 1,907.95 Cr

Domestic Institutional Investors (DIIs) : Sold Stocks worth Rs 225.22 Cr ओपन / कमेंट

2023-04-12 17:37:19 Tata Motors
Have you heard about Tata Motors?
They've been going through a rough patch because of the pandemic and other issues like the war in Ukraine and the semiconductor shortage.
But, their financial data for the first three quarters of FY23 looks promising, and sales data from Q4 indicates that they're on the path to a turnaround, which seems to be accelerating . Lets disscus few important data about it.

Company Info:
• Tata Motors is an Indian multinational automotive manufacturing company.
• It is a subsidiary of the Tata Group, founded in 1945.
• Company produces passenger cars, commercial vehicles, and military vehicles.
• Tata Motors has partnerships with leading global companies such as Fiat, Cummins, and JLR.

The revenue mix for FY22 was as follows:
67%- Jaguar Land Rover
19%- Commercial Vehicles
11%- Passenger Vehicles
2%- Vehicles financing
1%- Other sources


Total Sales :
• Q4 2023- 2,51,822 units sold ; increase in QoQ .
• MH&ICV(medium and heavy commercial vehicles): 56,059 units sold ; increase in QoQ.
• Commercial vehicles: 1,12,145 units sold; increase of 22% QoQ.
• Domestic sales : 5,38,640 units sold ; increase of 46% YoY.
• Electric Vehicles sale: 50,000 units sold ; increase of 154% YoY .
• EV sales increase from 7% (Q1FY23) to 12% (Q4FY23) of the total sales.
• All four of the company’s SUVs – Nexon, Punch, Harrier, and Safari – recorded their highest ever annual sales, contributing 66% of the total volume.


Management commentary:
• MH&ICV growth increased due to government infrastructure projects, e-commerce, construction, and mining.
• SUVs and EVs were the leading segments that saw growth.
• Launch of several new vehicles also contributed to the growth.
• Easing of the semiconductor shortage was another factor SUVs and EVs were the leading segments that saw growth.


Risk factors discussed by Management:
• Growth rate of the passenger vehicle industry is expected to slow down.
...
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Become a "JOIN Button Members" on youtube to read more such exclusive posts everyday.

Full post : https://www.youtube.com/post/Ugkx0pqxErXDoKU7qC737f7Zjc71urz2i_HV ओपन / कमेंट

2023-04-12 05:43:18 “Are PSU Stocks Worth the Risk? A Comprehensive Analysis”

PSU are companies in which the govt holds a majority stake i.e.over 51%

PSUs have historically offered relatively stable returns but have often underperformed compared to private sector in terms of growth and profitability

When evaluating one should consider
sector-specific factors & key financial metrics such as revenue growth, profitability, debt levels, dividend yields with quality and experienced management

Pros of investing
Government backing
Stability
Dividend & growth potential

Cons of investing
Bureaucracy
Lack of innovation
Economic downturns
Limited diversification & regulatory changes

In the banking sector, PSUs have a strong presence in rural & semi-urban areas, which helps to promote financial inclusion but there have been cases of corruption and mismanagement

In the energy sector, PSU has dominant market position but faces challenges...

Read full article https://aceink.com/are-psu-stocks-worth-the-risk-a-comprehensive-analysis/ ओपन / कमेंट

2023-04-12 05:32:02 Join The Learning Community by opening a DEMAT Account with below link

Zerodha https://bit.ly/3hzUiEs

Angel ONE (Free) https://bit.ly/2Rs7Jf3

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Contact WhatsApp Chat Support for Help (+919739385706) ओपन / कमेंट

2023-04-12 05:31:02 Top 10 stocks to watch today

HDFC Bank: Private lender HDFC Bank on Tuesday said that the bank's board of directors proposes to raise ₹50,000 crore through bonds in the next twelve months on a private placement basis. The private lender's board of directors are to meet on 15 April 2023, said HDFC Bank in its regulatory filing.

ONGC: State-run Oil and Natural Gas Corporation Limited (ONGC) has commissioned a new gas collecting station (GCS) in its Bokaro coal bed methane block. It is the first gas collecting cum gas compression station in the Bokaro CBM Block.

LIC: LIC on Tuesday said that it has appointed PC Paikray as Chief Risk Officer and Ratnakar Patnaik as Chief Investment Officer. Ratnakar Patnaik, who has been appointed as Chief Investment Officer, will replace P R Mishra, who has been transferred and posted to another assignment. His appointment as CIO came into effect from April 10, 2023.

Adani Enterprises: Adani Enterprises Ltd (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary for carrying out coal washery-related business. "The company has incorporated a WOS Pelma Collieries Ltd (PCL) on April 7, with an initial authorised share capital of ₹10,00,000 and paid-up share capital of ₹5,00,000.

Delhivery: Internet Fund III Pte Ltd, the venture capital fund managed by US-based investment management company Tiger Global Management, offloaded shares of Delhivery in the market. The venture capital fund, Internet Fund III Pte Ltd offloaded 11,753,735 shares at an average price of ₹330 via open market transactions on Tuesday.

Sula Vineyards: The largest wine producer in the country, announced March 2023 quarterly sales figures. In Q4, Sula recorded the highest-ever annual revenues in both its own brands and wine tourism business. Sula registered an upside of 15% in own brands sales to ₹104.3 crore during the March quarter as compared to ₹90.7 crore in the corresponding quarter last fiscal.

Kalpataru Power Transmission: Kalpataru Power Transmission Ltd (KPTL) and its arms have bagged orders worth ₹3,079 crore in March and April so far this year. The orders include civil works for a data centre and buildings of ₹1,234 crore, an EPC order of ₹754 crore in railway business and water supply projects of ₹708 crore in India.

Delta Corp: Delta Corp, a casino gaming company, has registered a 6.4% year-on-year growth in profit in Q4 of FY23 at ₹51.17 crore. The results were impacted by weak operating performance. Consolidated revenue grew by 4% YoY to ₹227.16 crore. On the operating front, EBITDA fell by 12.8% YoY to ₹60.18 crore. The overall margin declined by 510 bps to 26.5% for the quarter.

Abans Holdings: Abans Investment Managers Pvt Ltd, a subsidiary of Abans Holdings Ltd on Tuesday said that it has acquired the portfolio management services (PMS) business of SATCO Capital Markets Limited. SATCO Capital Markets Ltd through its PMS license manages ₹80 crore AUM in SATCO Growth & Momentum Portfolio since January 2012 which will be taken over by Abans Broking Services Pvt Ltd.

NLC India: Shareholders of NLC India Ltd have approved the appointment of Prasanna Kumar Motupalli as Chairman and Managing Director (CMD) of the company. The members of NLC India have passed the ordinary resolution approving his appointment to the top post, the company said in a regulatory filing on Tuesday. ओपन / कमेंट

2023-04-12 05:30:39 FII and DII buy and sell : As per data available on the NSE 11 APR 2023

Foreign Institutional Investors (FIIs) : Bought stocks worth Rs 342.84 Cr

Domestic Institutional Investors (DIIs) : Sold Stocks worth Rs 264.02 Cr ओपन / कमेंट