Stocks to Watch: Wipro, Infosys, SAIL, M&M, Hindustan Aeronautics, NHPC
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New Delhi, Jan. 14 -- Here's a list of top ten stocks that may be in news on Thursday:
Wipro: The IT major reported nearly 21% rise in consolidated net profit to Rs.2,967 crore for the quarter ended December. Revenue rose 1.3% to Rs.15,670 crore. In dollar terms, revenue grew 3.9% to $2.07 billion from the preceding three months. Wipro forecast revenue growth in the March quarter to be in the range of 1.5-3.5%.
Infosys: The company recorded better-than-expected earnings performance in the third quarter with revenues rising 12% to Rs.25,927 crore, while profit increased 16.6% to Rs.5,197 crore. Infosys raised FY21 revenue growth guidance to 4.5%-5.0% in constant currency, while increasing operating margin guidance to 24.0%-24.5%.
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