Stock Market Today, July 15 -- Tata Technologies share price gained more than 2% in the morning trades on Tuesday post Q1 results, announced after the market hours on Friday. The gains for Tata Technologies share price were despite weak performance by bellwether Tata Consultancy Services, or TCS, and downward guidance revision on margins by HCl Technologies. Should you buy or sell the stock?
Despite a 9.8% sequential fall, Tata Technologies reported a 5.1% year-over-year gain in consolidated net profit for the June quarter, at Rs.170 crore. However, the consolidated revenue from operations was down 3.2% sequentially and 1.9% YoY to Rs.1,244 crore, as the company's reported revenue performance across its major segments remained a mixed ba...
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