STOCKS ON RADAR:
Infosys Q3: The software company?s Profit down 12.2 percent to Rs 3,609 crore versus Rs 4,110 crore; revenue up 3.1 percent at Rs 21,400 crore versus Rs 20,609 crore; Dollar revenue up 2.2 percent at $2,987 million versus $2,921 million and constant currency revenue growth at 2.7 percent QoQ. Company raises FY19 constant currency revenue growth guidance to 8.5-9 percent from 6-8 percent and maintains EBIT margin guidance at 22-24 percent.
The board approves a special dividend of Rs 4 per share and buyback up to Rs 8,260 crore at maximum Rs 800 per share.
Yes Bank: Bank announces Brahm Dutt as non-executive part-time chairman.
Tata Sponge Iron Q3: Consolidated profit falls to Rs 26.81 crore versus Rs 36 crore; revenue rises to Rs 260.83 crore versus Rs 214.47 crore YoY.
Results Today: Indiabulls Ventures, ICICI Securities, Supreme Infrastructure India, Tata Metaliks, Prakash Industries.
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