OPTEL TELECOMMUNICATIONS LTD Q2 RESULTS
![Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%](https://img.etimg.com/thumb/msid-111362079,width-100,height-75,resizemode-4/markets/stocks/news/midcaps-stocks-for-long-term-investors-5-stocks-from-different-sectors-with-right-financial-growth-matrix-and-upside-potential-of-up-to-49.jpg)
Midcaps stocks for long term investors: 5 stocks from different sectors with right financial & growth matrix and upside potential of up to 49%
Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons. At this point of time, when valuations are high and small corrections can lead to strong negative reactions in stock prices. So, while capital gains is the objective, never lose the perspective of protecting capital from sudden shocks. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.
![As Modi 3.0 begins, where the economy stands, where it's headed](https://img.etimg.com/thumb/msid-110797118,width-100,height-75,resizemode-4/news/economy/policy/as-modi-3-0-begins-where-the-economy-stands-where-its-headed.jpg)
As Modi 3.0 begins, where the economy stands, where it's headed
Narendra Modi is set to begin his third term as PM with a full-strength NDA team, amidst optimism for India's economic future. RBI Governor Shantikanta Das highlighted the country's robust economic growth, strong manufacturing sector, recovering rural demand, and promising investment activity. India's external sector remains resilient, with positive growth prospects ahead.
![Ircon International Q4 Results: Net profit rises over 15% YoY to Rs 286 crore](https://img.etimg.com/thumb/msid-110308816,width-100,height-75,resizemode-4/markets/stocks/earnings/ircon-international-q4-results-net-profit-rises-over-15-yoy-to-rs-286-crore.jpg)
Ircon International Q4 Results: Net profit rises over 15% YoY to Rs 286 crore
Ircon International Ltd on Tuesday said it has posted a 15.1 per cent growth in its profit after tax at Rs 285.68 crore during the March 2024 quarter. It had clocked Rs 248.18 crore profit after tax (PAT) during the January-March quarter of the 2022-23 financial year, Ircon International said in a statement.
![HCL Tech Q4 Results: PAT rises marginally to Rs 3,995 crore, misses estimates](https://img.etimg.com/thumb/msid-109627163,width-100,height-75,resizemode-4/markets/stocks/earnings/hcl-tech-q4-results-pat-up-marginally-at-rs-3995-crore-misses-street-estimates.jpg)
HCL Tech Q4 Results: PAT rises marginally to Rs 3,995 crore, misses estimates
HCL Tech' net profit was recorded at Rs 3,981 crore in the year-ago period.
![Q4 Results Today: What to expect from TCS earnings?](https://img.etimg.com/thumb/msid-109236057,width-100,height-75,resizemode-4/markets/stocks/earnings/q4-results-today-what-to-expect-from-tcs-earnings.jpg)
Q4 Results Today: What to expect from TCS earnings?
TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.
![TCS Q4 results on Friday: Recap of how IT bellwether fared in FY24; key things D-Street needs to watch out for](https://img.etimg.com/thumb/msid-109212340,width-100,height-75,resizemode-4/markets/stocks/earnings/tcs-q4-results-on-friday-recap-of-how-it-bellwether-fared-in-fy24-key-things-d-street-needs-to-watch-out-for.jpg)
TCS Q4 results on Friday: Recap of how IT bellwether fared in FY24; key things D-Street needs to watch out for
TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters.
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TCS Q4 Preview: Reversal of furloughs to aid sales growth; FY25 outlook on radar
TCS likely to see sequential revenue growth in Q4 driven by BFSI and manufacturing sectors, with key focus on management commentary on new deals and vertical outlook.
Vi shares rise 1% after telco's Q3FY24 net loss narrows
Shares of Vodafone Idea were up 1.3% on Tuesday morning in early trade, a day after the telco narrowed its December quarter net loss to Rs 6989 crore on the back of a one-time exceptional gain as well as lower finance and operational costs, though the stressed telco continued to lose millions of subscribers to its bigger rivals.
Vodafone Idea Q3 Results: Net loss narrows to Rs 6,989 crore on lower finance and operational costs
Operating income stood at an 11-quarter high, backed by growth in its 4G user base for the 10th straight three-month period, with average revenue per user (ARPU) – a key operational metric - rising 2.1% sequentially to Rs145. Arpu was mainly helped by “change in entry level plan and subscriber upgrades", Vi said in its earnings statement Monday.
Airtel Q2 Results: Profit down 37% YoY; ARPU at Rs203
Consolidated net profit (after exceptional items) for India’s second-largest telco fell for the second consecutive quarter to Rs 1,340.7 crore in the July-September quarter from Rs1,612.5 crore in the preceding quarter and Rs 2,145.2 crore a year earlier.
Airtel Africa Q2 Results: Net profit falls nearly 9% to $138 million
"In Q2'24, reported currency revenues declined by 4.7 per cent reflecting a full quarter's impact of the Nigerian naira devaluation in June 2023. The Q2'24 constant currency revenues increased by 19 per cent," the release said.
Vi net loss in Q1 widens, promoter to infuse Rs2,000 cr
Vodafone Idea's net loss for Q1 FY24 widened to Rs 7,840 crore from the previous quarter due to higher operating expenses and finance costs, while quarterly revenue for the operator increased 1.17% sequentially. The company's average revenue per user rose 2.9% on-quarter to Rs 139.
Airtel Q1 net profit flat on year; ARPU rises to Rs200 vs Rs193 in Q4
Bharti Airtel, a leading Indian telecommunications company, saw its Q1 net profit rise by 0.3% YoY, thanks to strong 4G user additions and data consumption growth. Consolidated revenue grew by 14.1% YoY to INR37.4bn ($552m), although net profits fell sequentially
Telecom equipment maker Nokia's Q2 profit falls as US clients slash spending
The company, which is competing with Swedish rival Ericsson and China's Huawei in the global rollout of 5G equipment, said the deployment in India drove growth for its mobile network business.
Vi pays 10% of Q1 SUC & licence fee, may have sought time to pay rest
Vodafone Idea has paid around 10% of its licence fee and spectrum usage charge for the June quarter and is likely to have sought more time from the government to clear the balance in multiple tranches, two people aware of the matter said.
TCS Q1 Results: Profit rises 17% YoY to Rs 11,074 crore, beats estimates; revenue up 13%
While the net profit was above the ET Now poll of Rs 10,890 crore, the revenue was tad lower than the estimated Rs 59,500 crore. Sequentially, the topline rose a mere 0.4%, making this the slowest growth in 12 quarters for the country’s largest software exporter. The profit declined nearly 3% from the March quarter.
TCS Q1 Preview: Sales may grow slowest in 12 quarters; FY24 outlook pivotal for Street
TCS is likely to report a mere 0.7% sequential growth in consolidated net sales for the June quarter to Rs 59,560 crore, according to the average of estimates given by nine brokerage firms. The topline is seen growing 13% on a YoY basis.
TCS Q1 results today: How investors should trade the stock; 6 major factors to watch
Tata Consultancy Services (TCS), which will release its earnings after market hours, is likely to put up a weak show for the June quarter, given the slowdown in technology spending and higher costs.
Weekly Top Picks: 7 stocks with consistent score improvement and upside potential of up to 55%
In the last month of high volatility and repeated attacks by bears, while the nifty has corrected, there are still some pockets where stocks have seen an improvement in their analysts' score. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
DoT's SUC mop-up down nearly 30% on-quarter in Q2FY23: Trai
The government’s licence fee collections, though, rose 1.6% on-quarter to Rs 4,921 crore in July-September, latest operator performance data put out by the Telecom Regulatory Authority of India (Trai) showed Friday.
Weekly Top Picks: 6 stocks with consistent score improvement and upside potential of up to 35%
While NIFTY gets into volatile mode once again, there are some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
India 2nd largest sales mkt in Q4: Ericsson
India’s share of sales for the company for the quarter ended December 2022 was 6%, second only to the United States (41%). India beat China and Japan to take the second spot. For the year ended December 2022, India shared the second spot with China and Japan at 4% share.
Telcos' Q3 earnings may rise up to 1.5% on redefined AGR
IIFL Securities estimates Jio, Airtel and Vi will garner an extra ₹100 crore, ₹90 crore and ₹60 crore of earnings before interest, tax, depreciation and amortisation (Ebitda) from the December quarter, which works out to an increase of 1%, 0.8% and 1.5%, respectively.
Telcos' Q3 AGR up over 4% on strong customer additions, higher recharge volumes
This has resulted in the overall telecom industry AGR rising 4.19% on-quarter to Rs 47,623 crore in the quarter.
TechM Q4 preview: Here's what to watch in today's earnings
ICICIdirect said Tech Mahindra may see 3 per cent sequential growth in dollar revenue led by a healthy traction in the communication and enterprise segments and cross-currency tailwind.
Vodafone Idea to clear Q4 licence fee dues by next week following DoT's show-cause notice
The payment was due on March 25 as per a show-cause notice that was sent by the Department of Telecommunications (DoT) to India's only loss-making telco on April 7. DoT sought to know why action should not be taken against the telco for violating licence conditions by not paying dues on time.
Bharti Airtel Q2 results: Record revenues narrow loss to Rs 763 crore
Revenues grow 22% to Rs 25,785 crore, ARPU rises and telco gains most users in three quarters at 13.9 m
Vodafone Idea posts India’s biggest ever quarterly loss at Rs 50,921 crore on AGR hit
Before this, Tata Motors had posted a loss of Rs 26,961 cr for the December quarter of 2018.
Airtel India Q2 mobile revenue rises 0.8% QoQ; AGR decision to weigh
Airtel's revenue from India mobile services grew 7.4% on year to Rs 10,812 crore.
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