HCLTech’s Q4 results did not spring any major negative surprises. While a decline in engineering and research & development (ER&D) revenues disappointed, growth in BFSI and North America surprised positively. FY24 guidance of 6-8% for growth and 18-19% margins was in line with expectations. We cut our estimates by 2% on a higher tax rate […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the negative territory on Friday, while the silver rate is up 0.07%. On Multi Commodity Exchange, gold June futures were trading at Rs 59,759 per 10 grams, down Rs 142 or 0.24%. Silver May futures were trading lower by Rs 52 […]
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