Several earnings names lead the stocks-to-watch lists for the next 24 hours. Wipro reported a 1.5 per cent year-on-year decline in consolidated net profit to about 3,201 crore rupees for the September quarter, even as revenue rose 9.1 per cent to about 24,753 crore rupees. Its total contract value bookings fell to about $2.6 billion from $4.7 billion a year earlier, and the company projected December-quarter IT services revenue of $2.57 billion to $2.63 billion.
Tech Mahindra reported quarterly revenue of about 16,180 crore rupees, up 2.4 per cent sequentially in constant-currency terms, with improving operating performance and a proposed 1:1 bonus share issue. HDFC Life Insurance posted a 13.6 per cent rise in quarterly profit, while Bharat Dynamics drew attention for defence contracts worth 4,106 crore rupees and Bharat Electronics for additional orders worth 592 crore rupees. Federal Bank's September-quarter earnings were also scheduled.
On insider disclosures, a Simply Wall St screener of U.S. growth companies with high insider ownership listed Upstart Holdings at 14.0 per cent insider ownership, Standard Nuclear at 18.8 per cent, Nu Holdings at 22.8 per cent and Himax Technologies at 29.1 per cent, based on disclosed holdings. Insider ownership and insider buying are reported here as disclosed market data only.
OTMedia reports disclosed trades, earnings and analyst watchlists as news. Nothing in this article is a recommendation or a tip to buy or sell any security.
