An IT sector stock came into the spotlight after it announced a 3:1 bonus issue along with strong quarterly results. After the news, the stock price jumped nearly 3% in intraday trade, attracting strong interest from retail investors.
IT Stocks
Q3 Results Today: Reliance, Wipro, Tech Mahindra, Tata Tech to Report Earnings on Jan 16
Q3 Results: RIL’s consolidated Q3 revenue could range between ₹2.54 and ₹2.56 lakh crore, rising 6.2% to 7.1% YoY and 0.5% to 1% on a sequential basis. The company reported revenue of ₹2.54 lakh crore in the previous quarter and ₹2.39 lakh crore in Q3FY25.
TCS, Infosys to HCL Tech: IT stocks fall after Accenture results, escalation in Israel-Iran war
Infosys fell over 2.43 per cent, becoming the biggest laggard on Nifty IT index. Meanwhile, TCS, Wipro and HCL Tech slipped below 2 per cent on June 23.