LTIMindtree tanks 14% as Q3 earnings miss estimates, brokerages predict more pain on January 18, 2024 at 4:00 am

Despite achieving its highest ever quarterly deal pipeline in Q3, the management of LTIMindtree expects a challenging macroeconomic environment and delays in client decision making to remain a drag on its performance in Q4 as well.

LTIMindtree tanks 10% as Q3 earnings miss estimates, brokerages predict more pain on January 18, 2024 at 4:00 am

Despite achieving its highest ever quarterly deal pipeline in Q3, the management of LTIMindtree expects a challenging macroeconomic environment and delays in client decision making to remain a drag on its performance in Q4 as well.

Nazara Tech gains 2% after Zerodha#39;s Nikhil Kamath raises stake in Rs 250-cr funding round on January 18, 2024 at 4:06 am

Zerodha co-founder Nikhil Kamath#39;s two firms – Kamath Associates and NKSquared – will invest Rs 50 crore apiece in the gaming company.

Minda Corp hits 52-week high after divesting 15% stake in Pricol on January 18, 2024 at 4:14 am

After the latest transaction, Minda Corporation#39;s shareholding has declined to 0.63 percent

Sanghi Industries crashes 10% over profitability concerns in Ambuja Cement deal on January 18, 2024 at 4:22 am

Sanghi Industries signed a contract with Ambuja Cements to supply its entire production to Ambuja and ACC at a fixed 10 percent markup over the production cost.

Zydus gets USFDA#39;s nod for antipsychotic drug, stock flat on January 18, 2024 at 4:27 am

Pimavanserin is an atypical antipsychotic indicated for the treatment of hallucinations and delusions associated with Parkinson disease psychosis.

Railtel Corporation gets work order worth Rs 82.41 crore; shares trade lower on January 18, 2024 at 4:28 am

The share touched a 52-week high of Rs 374.20 and a 52-week low of Rs 96.20 on 15 January, 2024 and 28 March, 2023, respectively.

NHPC in focus as govt plans to divest 3.5% stake via OFS for about Rs 2,300 crore on January 18, 2024 at 2:40 am

The Offer for sale (OFS) for NHPC will open on January 18 for non-retail investors. Retail investors will be able to bid on Friday.

Tata unit Agratas in India is in talks for green loan of up to $500 million on January 18, 2024 at 3:28 am

The wholly owned subsidiary of Tata Sons Pvt Ltd develops battery cells, with factories in India and the U.K. Its facilities are designed to be powered by clean energy, according to the company’s website.

Hot Stocks: Welspun, Apollo Hospitals, LT Finance may deliver up to 14% in short term on January 18, 2024 at 12:37 am

Sentiment could potentially deteriorate further if Nifty drops below 21,550, where the 21EMA is situated.